Examlex
The mixing of which pair of reactants will result in a precipitation reaction?
Diminishing 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.
Subsistence
The minimum level of essentials (such as food and shelter) necessary for an individual to survive.
Catch-Up Effect
The theory suggesting that less developed countries can grow at a faster rate than developed countries because they can adopt existing technologies and best practices.
Diminishing Returns
A principle stating that if one factor of production is increased while others remain constant, the overall returns will eventually decrease after a certain point.
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