Defend or refute the statement. Write ‘yes’ or ‘no’ with reaso – InterviewSolution

1.	Defend or refute the statement. Write ‘yes’ or ‘no’ with reason:Diminishing returns to a factor occur simply because supply of the factor cannot be increased.
Answer» Yes. It is because some factors are fixed that output is increased by using more and more units of the variable factor. It disturbs the ideal factor ratio and diminishing returns set in.

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