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Law of diminishing marginal productivity

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What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Can you provide an example from your workplace?

Reference no: EM131299444

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Law of diminishing marginal productivity : What is the law of diminishing marginal productivity? How does the law of diminishing marginal productivity affect the cost of productions? Can you provide an example from your workplace?
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