You are on page 1of 1

Test on law of diminishing marginal return name:________( )

The table below shows the input-output relationship of a firm.

State the law of diminishing marginal returns and explain whether the above data illustrate the law (7 marks)
_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________
The table below shows the input-output relationship of a firm.

Explain whether the above data illustrate the law of diminishing marginal return. (4 marks)
_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

_______________________________________________________________________________________

You might also like