问题 单项选择题

At a fixed level of capital, output increases as the quantity of labor increases, but at a decreasing rate. This phenomenon is an example of:()

A. law of diminishing costs to labor.

B. law of diminishing returns to capital.

C. law of diminishing returns to labor.

答案

参考答案:C

解析:

The law of diminishing returns states that at some point, as more and more of a resource (e. g. , labor) is devoted to a production process, holding the quantity of other inputs constant, the output increases, but at a decreasing rate.

单项选择题
单项选择题