Flashcard sets with a 'law of diminishing marginal returns' term meaning 'the hypothesis that if increasing quantities of a variable factor are applied to a given quantity of fixed factors, the marginal product of the variable factor will eventually decrease'

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1-1 of 1Flashcard sets with a 'law of diminishing marginal returns' term meaning 'the hypothesis that if increasing quantities of a variable factor are applied to a given quantity of fixed factors, the marginal product of the variable factor will eventually decrease'
# Title Terms Date
1Econ ch 26by bryanken6 termsApril 21, 2009
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