The law of diminishing marginal returns states that if increasing units of variable factors of production are combined with a given quantity of another fixed factor, returns are on the increased up to a point after which the marginal returns falls.
| LANDÂ | UNITS OF LABOUR | TOTAL OUTPUT | MARGINAL OUTPUT | AVERAGE OUTPUT |
| 5 Hectares | 1 | 10 | 10 | 10 |
| 5 Hectares | 2 | 22 | 12 | 11 |
| 5 Hectares | 3 | 39 | 17 | 13 |
| 5 Hectares | 4 | 52 | 13 | 13 |
| 5 Hectares | 5 | 60 | 8 | 12 |
| 5 Hectares | 6 | 66 | 7 | 11 |
Download Business Administration Project Topic PDF - Effects of Job Stress on Employee’s Performance in Evans Nigeria
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Accountancy Project Topic PDF - Effect Of Cost Control On The Profit Of An Organization (A Case Study Viju Milk Industries Nigeria Limited)
Original price was: ₦600.00.₦400.00Current price is: ₦400.00.
Download Animal Production Journal Article PDF - Performance of Some Forage Rass Species in the Southern Guinea Savannah Agro-Ecological Zone in Nasarawa State of Nigeria
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Conference Paper Article PDF - Video Summarization Based Handout Generation from Video Lectures: A Gesture Recognition Framework
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Conference on Advanced Computer Theory Article PDF - Real-Time Mono Vision Gesture-Based Virtual Keyboard System
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Copyright warnings! Do not copy.
