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Diminishing returns are a reason that:
Marginal Cost
The financial outlay for making an additional unit of a product or service.
Average Total Cost
The total cost divided by the number of goods produced; it includes all variable and fixed costs.
Average Variable Cost
The total variable cost divided by the quantity of output produced; it varies with production levels.
Average Fixed Cost
The constant expenses associated with production, which remain unaffected by the amount of goods produced, divided by the number of items made.
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