The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output. This is referred to as

The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output. This is referred to as



A) the point of no return.
B) the law of diminishing returns.
C) supply and demand.
D) network inelasticity.





Answer: B


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