Examlex
In which stage of the Demographic Transition are birthrate and death rate both high?
Diminishing Marginal Product
The economic principle stating that, holding all else constant, as more of a certain input is employed in a production process, the incremental increase in outputs will eventually decrease.
Bushels of Wheat
A unit of measure used in agriculture, particularly in the United States, for trading and pricing wheat.
Workers
Individuals engaged in a task or activity for wages or salary.
Diminishing Marginal Product
The decrease in the additional output gained from using an extra unit of a production input, holding all other inputs constant, beyond a certain point.
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