Flashcard sets with a 'law of diminishing marginal returns' term meaning 'when increasing amounts of a variable factor of production are employed in production along with a fixed production factor, after some point the amount produced will diminish.'

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1-1 of 1Flashcard sets with a 'law of diminishing marginal returns' term meaning 'when increasing amounts of a variable factor of production are employed in production along with a fixed production factor, after some point the amount produced will diminish.'
# Title Terms Date
1Module 1by arianaad75 termsSeptember 3, 2009
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