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The law of diminishing returns states that at some point as: A. less of a resource are devoted to production, holding the quantity of other inputs constant, the output will decrease, but at an increasing rate. B. more of a resource is devoted to production, holding the quantity of other inputs constant, the output will increase, but at a decreasing rate. C. more of a resource is devoted to production, holding the quantity of other inputs constant, at some point output will begin to decrease. |