The point at which more investment does not yield better profits
supply and demand
diminishing returns
vertical integration
commodity

Question

The point at which more investment does not yield better profits
supply and demand
diminishing returns
vertical integration
commodity

Accepted Answer

∻Answer∻ ⚹ diminishing returns ⚹ ∻Key Concept∻ ⚹ Law of Diminishing Returns ⚹ ∻Explanation∻ ⚹ The Law of Diminishing Returns is an economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant. In other words, continually adding more of one factor of production, like capital or labor, to a fixed amount of another factor will result in smaller increases in output. ⚹◊How did the concept of diminishing returns impact agricultural production in ancient civilizations?⍭ Generate me a similar question◊

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