Expert answer:Diminishing marginal returns

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Solved by verified expert:You must have experienced diminishing returns many times in your life in various situations – while studying for several hours, or receiving a series of shots for knee pain, and so on. Notice that for diminishing marginal returns you need a fixed factor of production to which you add larger and larger quantities of some variable factor of production, and as you do that you get diminishing returns.the Question:Share an observation that you have made in your everyday life where you have noticed that you were getting diminishing marginal returns——————– the answer is very easy expain

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