State and explain the law of diminishing marginal return

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asked Jul 6, 2019 164k views

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Paul Oyster · Answer 1 · 2019-07-10T06:21:41+0000

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.

State and explain the law of diminishing marginal return

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