Question

the law of diminishing returns is often used to analyze the ideal amount of which factor of production? a. capital b. land c. entrepreneurship d. labor

Explanation:

The law of diminishing returns examines how adding more of a variable factor (while fixed factors stay constant) reduces marginal output. Labor is the most commonly analyzed variable factor in this context, as capital, land, and entrepreneurship are often treated as fixed in the short run when applying this law.

Answer:

D. Labor