Refer to Scenario 3. Diminishing marginal returns are incurred when ou

Refer to Scenario 3. Diminishing marginal returns are incurred when output is increased from:

A) 1 to 2 units of output.
B) 2 to 3 units of output.
C) 3 to 4 units of output.
D) 4 to 5 units of output.

 

ANSWER

C

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