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Simplify:
Diminishing Marginal Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, starts to decrease.
Per-worker Production Functions
The relationship between the amount of output produced per worker and the amount of inputs used per worker.
Slopes
In mathematics, it represents the steepness or incline of a line, indicating the rate at which it rises or falls.
Diminishing Marginal Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.
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