Difference between revisions of "Diminishing marginal returns"

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(New page: Diminishing marginal returns consist of the inevitable point beyond which additions of a variable factor (input) will yield diminishing marginal returns (output) per unit of the variable f...)
 
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Diminishing marginal returns consist of the inevitable point beyond which additions of a variable factor (input) will yield diminishing marginal returns (output) per unit of the variable factor.  All other factors of production are held fixed for this analysis.
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Fermer le bouche, mangez poutine, O Canada we stand on guard for thee. Mettre cornichon en chatte, j'ai boire l'eau toillette. Est ce que tailler mon crayon.
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Note that at first there may be increasing marginal returns, and this principle about diminishing marginal returns expresses what will be inevitably reached.
 
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[[Category:Economics]]
 

Revision as of 15:22, June 25, 2007

Fermer le bouche, mangez poutine, O Canada we stand on guard for thee. Mettre cornichon en chatte, j'ai boire l'eau toillette. Est ce que tailler mon crayon.