One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces

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One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces the average output. If this statement were true, would it be consistent with the law of diminishing returns?

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Managerial economics

ISBN: 978-1118041581

7th edition

Authors: william f. samuelson stephen g. marks

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