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Economists Point Out That If It Were Not for Diminishing

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Essay

Economists point out that if it were not for diminishing returns,we could grow enough food to feed the world in a flowerpot.Explain what they mean.


Definitions:

Self-Actualization

The act of reaching one's full potential and making use of their talents, perceived as a universal desire or requirement.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Sexual Orientation

A person’s sexual attraction to and affection for members of either the opposite or the same sex.

Regulatory Fit

A concept in psychology that suggests people are more motivated and perform better when their approach to a task matches their regulatory orientation or preferred way of pursuing goals.

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