Search SchoolNGR

Wednesday, 01 April 2026
Register . Login

If successive units of labour are added to a piece of land while capital and technology ...

If successive units of labour are added to a piece of land while capital and technology remain constant, a point will be reached in the level of production when each added unit of labour will added less to the output than previous units of the labour. This concept is known as?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The productivity of labour
  • B The law of diminishing marginal utility
  • C The law diminishing returns
  • D The concept of factor intensity
  • E Labour intensive production
Correct Answer: Option C
Explanation:

Share question on: