deanfarouk deanfarouk
  • 28-02-2021
  • Business
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What are causes and effects of increasing marginal returns?

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faithistaken2
faithistaken2 faithistaken2
  • 28-02-2021

Answer:

the extra output or change in total product caused by adding one more unit of variable input. Increasing marginal returns: as long as each new worker contributes more to total output than the worker before, total output rises at an increasing rate.

Explanation:

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