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by messigony
Mon Dec 24, 2012 11:05 pm
Forum: Problems, Solutions Feedback
Topic: Law of Diminishing Returns
Replies: 6
Views: 2193

Law of Diminishing Returns

<t>A concept in economics that if one factor of production (number of workers, for example) is increased while other factors (machines and workspace, for example) are held constant, the output per unit of the variable factor will eventually diminish.Although the marginal productivity of the ...

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