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ECO2023 - What do economists mean by diminishing returns

Question # 00620825
Subject: Economics
Due on: 11/23/2017
Posted On: 11/23/2017 04:38 AM

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What do economists mean by "diminishing returns" to an input? What causes diminishing returns? Have you ever observed this principle at work in a job you've had? Describe how you've experienced this concept in the real world. PLEASE WRITE BELOW A PARAGRAPH ABOUT IT WITH AT LEAST FIVE HUNDRED WORDS.

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ECO2023 - What do economists mean by diminishing returns

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