Principles of Microeconomics / Unit 6 MIC 0529 short lesson, about 20 seconds
More Capital Delays Diminishing Returns
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The idea
Diminishing returns set in because workers share a fixed input. Give them more capital and the fall in marginal product starts later, at a larger workforce.
In practice
With two ovens the fourth baker still adds plenty; with one, the third already crowds.
Where people slip
More capital shifts the whole marginal product curve out. It does not repeal the law; it moves where it bites.
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