In general, diminishing returns occur:

  1. Diminishing marginal returns __________.occur when each additional worker hired is becoming more productive than the previous
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  2. Diminishing marginal returns __________.hold true when “capital is fixed” is a key assumption occur in the long run occur
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  3. In general, diminishing returns occur:a. as output expands in the early part of production. b. as output expands at higher
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  4. What is the principle that justifies a regressive tax?Responses principle of taxation without representation principle of
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  5. What law of diminishing marginal returns?
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  6. What do you understand by the law of diminishing returns
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  7. What is meant by the law of diminishing returns
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  8. Should a manager hire a new person if they are going to cause a diminishing returns?
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  9. Should a manager hire a new person if they are going to cause a diminishing returns?
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  10. Explain in about 4 paragraphs with numerical illustrations and graphs what is Diminishing Marginal Returns.
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