Mune2173
Mune2173 Mune2173
  • 06-11-2020
  • Business
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when do diminishing marginal returns occur


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brachac77
brachac77 brachac77
  • 06-11-2020

Answer:

Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.

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