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Author Question: Diminishing marginal returns implies that firms: (Read 93 times)

Beheh

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on: Jul 20, 2019
Diminishing marginal returns implies that firms:
◦ get decreasing amounts of revenue for each unit of output they produce.
◦ require more and more workers to produce each additional unit of output.
◦ get increasing amounts of revenue for each unit of output they produce.
◦ require fewer and fewer workers to produce each additional unit of output.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Beheh on Jul 20, 2019

LP

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Beheh

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Reply #2 on: Jul 20, 2019
Thank you!


LP

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Reply #3 on: Jul 20, 2019
Always glad to help...


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