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The More Any Given Resource Is Applied to Production, the Lower

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The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output. This is referred to as


Definitions:

Social Prescriptions

Expectations and norms dictated by society regarding how individuals should behave.

Social Contagion

The spread of ideas, attitudes, or behaviors through a group or society, mirroring the infectious process of a disease.

Norm

A standard or rule that is expected to be followed by members of a society, guiding behaviors and establishing expectations.

Role

The function or part played by a person or thing in a particular situation or context.

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