While the technology level and the amount of other inputs are constant, as the amount of bit input increases, what is it called? a) increased efficiency of the variable b) constant availability of variable input c) the law of diminishing returns d) the law of increasing data

While the technology level and the amount of other inputs are constant, as the amount of bit input increases, what is it called? a) increased efficiency of the variable b) constant availability of variable input c) the law of diminishing returns d) the law of increasing data

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: Production And Costs

Section21.3: Production

Problem 3ST

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