The Law (or Principle) Of Diminishing Marginal Returns (or Productivity) Explained in One Minute
1:31
YouTubeOne Minute Economics
The Law (or Principle) Of Diminishing Marginal Returns (or Productivity) Explained in One Minute
Most people refer to it as the law of diminishing returns, whereas more economics-savvy individuals tend to call it the law of diminishing marginal returns. It's worth noting that calling it the principle of diminishing marginal productivity is equally correct. At the end of the day, no matter which terminology you choose, the law of ...
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