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    The law of diminishing marginal productivity

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    The law of diminishing marginal productivity states that as more and more of a variable input is added to an existing fixed input, eventually the additional output one gets from that additional input is going to fall.�

    Give an example from your work or personal life of the law of diminishing marginal productivity and how it might affect cost.

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    https://brainmass.com/economics/pricing-output-decisions/economics-the-law-of-diminishing-marginal-productivity-370898

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    The law of diminishing marginal productivity states that as more and more of a variable input is added to an existing fixed input, eventually the additional output one gets from that additional input is going to fall.....Give an example from your work or personal life of the law of diminishing marginal productivity and how it ...

    Solution Summary

    The law of diminishing marginal productivity is exemplified. References are also provided to further validate the findings.

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