Explain the Differences Between Diminishing Marginal Returns and Diseconomies of Scale

question 17

Essay

Explain the differences between diminishing marginal returns and diseconomies of scale.

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Definitions:

Ganglion Cells

Neurons located in the retina that receive visual information from photoreceptors via bipolar cells and transmit it to the brain.

Bipolar Cells

Specialized neurons in the retina that play a critical role in visual processing by connecting photoreceptors to ganglion cells.

Receptor Cells

Specialized cells that detect and respond to specific types of external stimuli, such as light, sound, or chemicals, converting them into electrical signals for the nervous system.

Rods

Photoreceptor cells in the retina of the eye that function well in low light and are responsible for night vision.