If the isoquants in an isoquant map are downward sloping but bowed awa
If the isoquants in an isoquant map are downward sloping but bowed away from the origin (i.e., concave to the origin), then the production technology violates the assumption of:
A) technical efficiency.
B) free disposal.
C) diminishing marginal returns.
D) positive average product.
ANSWER
C
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