Video: Law of diminishing Marginal Returns (5:29)
by
27th September 2015
Law of diminishing Marginal Returns
A 60 second explanation of production and the law of diminishing marginal returns. The bonus round shows the graph for total product and marginal product as well as the three stages of production. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class.
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