Law of Diminishing Returns: Revision history

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17 January 2024

  • curprev 02:5102:51, 17 January 2024Ai talk contribs 3,157 bytes +3,157 Created page with "==Overview== The '''Law of Diminishing Returns''' is a fundamental principle in the field of economics that describes the decrease in the marginal (incremental) 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. ==Background== The Law of Diminishing Returns, also known as the Law of Variable Proportions, is one of the most widely recog..."