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production function by eco staation
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https://youtu.be/GdqfD8Qj1Uk
https://youtu.be/4ViJq29ywOE
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Law of diminishing returns :When more and more unit of variable factors are employed to fixed factor , than MP of factors must fall.
Relationship between TP and MP
When TP increases at an increasing rate , ,MP increases.
When TP increases at diminishing rate ,Mp starts decreasing
When TP reaches its maximum ,MP =Zero
When TP falls , MP is negative.
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