If a variable input is added to some fixed input, beyond some point the resulting extra output will decline." This statement describes the law of diminishing returns.
A variable input is a resource or factor of production that a company can alter in the short term in an effort to alter the output produced. Most businesses use a variety of variable inputs in their short-run production, particularly labor, raw materials, and energy. " Because it was a return, this shirt was extremely affordable. "Finally, we reach "decline." Declining something or declining to do something means politely refusing to accept or do it. decline is a rather formal synonym for refusing. According to polls, less people now support the party. formal Away from the house, the land rapidly declines.
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