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- pronunciation:
- dih
mI
nih
shIng
rih
tuhrnz
| part of speech: |
plural noun |
| definition: |
a proposition in economics that when the amount of one factor of production, such as labor, is increased past a certain point while the amounts of other factors, such as land or capital, are held constant, additional output will increase only at a progressively lower and lower rate.
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