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  • 14-12-2018
  • Business
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State and explain the law of diminishing marginal return

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acostonusa
acostonusa acostonusa
  • 14-12-2018

In economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

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