The principle that if one factor of production is fixed and constant addition of other factors are combined with it, the marginal productivity of variable factors will eventually decline ?

Related Mcqs:

The branch of economics which analyze govt. revenues and expenditures is__________________?

A. Public revenue B. Public finance C. Public good D. None...

In ___________________ we avoid value judgments and focus on facts?

A. Positive economics B. Normative economics C. Theoretical economics D. factual economics...

A decrease in the governmentally defined value of currency ____________________?

A. Inflation B. Devaluation C. Cheapness D. All...

Stocks of commodities held by the countries or international organizations to moderate the commodities price fluctuations ?

A. Black market B. Buffer stocks C. Capital stocks D. Speculation...

Building of new factories in particular nation by corporations of other nations ?

A. Discrimination B. Direct foreign investment C. Profit maximization rule D. Economies of scale...