WAEC Economics 2022 Objective — Question 17
Question 17 of 50 from the West African Examinations Council (WAEC) Economics 2022 Objective paper, with the correct answer and a full explanation.
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Which of the following factors is not a cause of diminishing returns?
- A. Increase in variable inputs
- B. Land fragmentation
- C. Constant technology
- D. Technological innovationsCorrect
Explanation
Technological innovations improve productivity/efficiency and can offset diminishing returns; they are not a cause of diminishing returns, unlike increasing variable inputs, land fragmentation, and constant (static) technology.
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