Which of the following is an example of the law of diminishing returns? Group of answer...

Which of the following is an example of the law of diminishing returns?

Group of answer choices

A marathon runner running her 2nd mile faster than her first mile

A fisherman who triples the number of fish he catches when he doubles the number of rods he uses

A student who learns more in her 1st hour of studying than she learned in her 2nd hour of studying.

A student learning more in the 2nd year of college than the 1st year

Solutions

Expert Solution

Ans. C) A student who learns more in her 1st hour of studying than she learned in her 2nd hour of studying.

According to the law of diminishing returns when using an additional unit of the factor of production in the production process, each additional unit of the factor of production will lead to an increase in output at a decreasing rate. Therefore, a student learns more in 1st hour and after which leads to falling in the learning capacity of the student in 2nd hour is the example of the law of diminishing returns.

Rahul Sunny answered 1 year ago

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