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An air bubble underwater has the same pressure as that of the surrounding water.As the air bubble rises toward the surface (and its temperature remains constant) ,the volume of the air bubble
Law of Diminishing Returns
The principle that as the level of 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.
Marginal Cost
The cost of producing one additional unit of a good or service.
Average Total Cost
The total cost of production divided by the quantity produced, indicating the cost effectiveness of producing goods.
Marginal Cost Increases
The rise in the cost to produce one additional unit of a good or service.
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