Difference between revisions of "Diminishing marginal returns"

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The principle of '''diminishing marginal returns''' states that [[production system]]s have a point beyond which each additional unit of [[input]] will yield less and less additional [[output]]. All other factors of production are held fixed for this analysis.
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#REDIRECT [[Diminishing returns]]
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[[Category:Economics]]
 

Latest revision as of 23:38, March 9, 2009