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      Question

      In Stage III of Law of Diminishing marginal returns, the

      value of Elasticity of production is
      A Equal to 0 Correct Answer Incorrect Answer
      B Equal to 1 Correct Answer Incorrect Answer
      C Less than 1 Correct Answer Incorrect Answer
      D Greater than 1 Correct Answer Incorrect Answer
      E Less than zero Correct Answer Incorrect Answer

      Solution

      In Stage III of Law of Diminishing marginal returns, the value of Elasticity of production is less than zero, E

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