Quiz: The Law of Diminishing Returns
AQA A level economics 7136 specification
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Building on what you've learned about production concepts, this quiz will test your understanding of the law of diminishing returns. Let's get started!
What does the law of diminishing returns state?
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Which conditions are relevant for the law of diminishing returns? (Select all that apply)
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The law of diminishing returns applies when {{blank0}} inputs are fixed, and additional units of {{blank1}} are added.
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A firm adds 1 worker to its production line, increasing output by 8 units. Adding another worker increases output by only 6 units. What is the marginal return of the second worker?
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Which input type remains constant in the law of diminishing returns?
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Which of the following are examples of diminishing returns? (Select all that apply)
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Diminishing returns begin when the {{blank0}} output per unit of input starts to decline.
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