Marginal product and diminishing returns

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Questions

• What is the concept of diminishing returns to scale?
• How does the law of diminishing returns affect a firm's cost of production?
• How does the law of diminishing returns affect marginal and average productivity?
• What is the differences between a total production curve (TPC), marginal production curve (MPC), and an average production curve (APC)?
• What is an average production curve (APC)?
• What is a marginal product return?
• Question #7a4fb