The Law of Diminishing Returns

The Law of Diminishing Returns

Online interactive course

The Law of Diminishing ReturnsThe Law of Diminishing Returns119.99
The Law of Diminishing Returns5Global Finance School
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Self Paced CourseYou choose when to take the lessons, and how fast they go.
Instant AccessYour course is immediately available after payment.
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ABOUT THIS COURSE

What is this course about?

Even though the marginal productivity of any workforce will decrease as output goes up, the law of diminishing returns does not mean potential negative returns. This also does not apply when the amount of workers exceeds workspace or machines. The law plays a vital role in the theory of production and is crucial in the principal of economics. This course will outline everything you need to know about the law while quizzing you at the end of every chapter.

Who is this course for?

What are the prerequisites for taking this course?

What will I achieve by taking this course?

  • Understand what the Law of Diminishing Returns means.
  • Familiarize yourself with terms like “increasing marginal costs” and “declining marginal output.”
  • Determine the link between “supply” and “marginal costs.”

SYLLABUS

The Law of Diminishing Returns
Declining Marginal Ouput
More Details on Diminishing Returns
Increasing Marginal Costs
From Marginal Cost to Supply
60 Mins
The Law of Diminishing Returns - Quiz
30 Mins

Make it Count!

Certificate of Completion
If you choose the certificate plan, a certificate of completion will be issued in your name upon succesful completion of the course quizzes. You can save this certificate to your computer, print or email it to your current or future employers.
ASIC Accredited
Global Finance School is accredited by the British Accreditation Service for International Schools (ASIC).

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Call +1 (201) 706-7869
The Law of Diminishing Returns

The Law of Diminishing Returns

Online interactive course

+1(201) 706-7869