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Explain the Differences Between Diminishing Marginal Returns and Diseconomies of Scale

question 17

Essay

Explain the differences between diminishing marginal returns and diseconomies of scale.


Definitions:

Meaning

The significance or interpretation assigned to something, such as a word, symbol, gesture, or event.

Happiness

A condition of good health reflected by feelings that vary between satisfaction and extreme happiness.

Happiness

A state of well-being and contentment characterized by positive emotions and life satisfaction.

Fair

Equitable, just, and impartial treatment of all individuals, especially in contexts such as the workplace or legal matters.

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