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More than twice as much of all inputs is required to double output Less than twice as much of all inputs is required to double output More than twice as much of only one ... See More
IRS is obvious in our steady, efficient production run. We could manage a better output result even in yield and utility consumption. My examples are from actual experien ... See More
that arises from the systematic pursuit of labour productivity and describes two solutions to this trap, each of which has some precedence in economic theory. The first i ... See More