Economics · Theory of Production

What is meant by 'diminishing returns'?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Increase in total production of fixed factor
2Decline in average production of fixed factor
3Decline in average production of variable factor✓
4Increase in average production of variable factor

Correct answer

Decline in average production of variable factor

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Theory of Production?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Theory of Production MCQs →

Recommended practice questions in Economics · Theory of Production

Browse More Economics →

Which Indian independence movement leader was primarily known for his philosophy and practice of non-violent civil disobedience?

Solve Question→

Who gave the call for 'Do or Die' during the Quit India Movement in 1942?

Solve Question→

Which of the following revolutionary pairs were imprisoned together in Cellular Jail and faced harsh conditions, contributing significantly to the Indian independence movement?

What is meant by 'diminishing returns'?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

What is meant by 'diminishing returns'?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions