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The property of diminishing marginal product applies:

Question:

The property of diminishing marginal product applies:

A.

only to workers in the short run

B.

applies to workers and any other variable inputs in the short run

C.

only to workers in the long run

D.

applies to workers and any other variable inputs in the long run

Answer» b. applies to workers and any other variable inputs in the short run

Note: The above multiple-choice question is for all general and Competitive Exams in India