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Law of Diminishing Marginal ProductivityThe marginal product of any input in the production process is the increase in the quantity of output produced from one additional unit of that input. According to the Law of Diminishing Returns, the marginal product of an input declines as the quantity of the input increases over time, other factors remaining the same.In the workplace, you often see diminishing marginal product, where the additional output produced per worker drops as they perform their jobs over time.Has to be 300 words a least .Purchase the answer to view it
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