Marginal Change and Diminishing Returns
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The following text was referenced in creating this content: Harris, F., McGuigan, J., & Moyer, R. (2011). Managerial Economics: Applications, Strategy, and Tactics (12th ed.). Mason, OH: South-Western Cengage Learning. Please see the About page for usage.
The following text was referenced in creating this content: Mankiw, N. (2007). Brief Principles of Macroeconomics (4th ed.). Mason, OH: Thompson Higher Education. Please see the About page for usage.
The following text was referenced in creating this content: Mankiw, N. (2007). Brief Principles of Macroeconomics (4th ed.). Mason, OH: Thompson Higher Education. Please see the About page for usage.
The following text was referenced in creating this content: Mankiw, N. (2007). Brief Principles of Macroeconomics (4th ed.). Mason, OH: Thompson Higher Education. Pettinger, T. (2014, June 4). Causes of Inflation. Retrieved from http://www.economicshelp.org/macroeconomics/inflation/causes-inflation/ Please see the About page for usage.
The following text was referenced in creating this content: Mankiw, N. (2007). Brief Principles of Macroeconomics (4th ed.). Mason, OH: Thompson Higher Education. Please see the About page for usage.
The following text was referenced in creating this content: Mankiw, N. (2007). Brief Principles of Macroeconomics (4th ed.). Mason, OH: Thompson Higher Education. Please see the About page for usage.