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,,. Imagine you own 10,000 acres of farm land close to Huntington. With continuous alication of fertilizer, you will be able to produce enough corn to feed the entire state of West Virginia. Does this statement make economic sense
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This is an economically invalid and unacceptable logic. As I use more and more amount of fertilizer, initially output increases at an increasing rate, and reaches a maximum point. After this point, diminishing marginal returns sets in such that with every additional unit of fertilizer used, increase in output is less, therefore output increases at a decreasing rate (and marginal product is decreasing). After a point, output starts falling with increase in use of fertilizer, and marginal product is negative. Therefore, the law of diminishing returns renders the statement incorrect.

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