Ask Question
23 September, 14:20

Compare the two terms increasing marginal returns and diminishing marginal returns describe two scenarios one to explain and demonstrate each term

+3
Answers (1)
  1. 23 September, 17:08
    0
    Increasing marginal returns mean that as the input is increased (such as labor), the productivity will increase. This will likely happen if there is enough space in the workplace for more labor. On the other hand, diminishing marginal returns mean that as the input is increased, the productivity will diminish or decrease.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Compare the two terms increasing marginal returns and diminishing marginal returns describe two scenarios one to explain and demonstrate ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers