The law of diminishing marginal returns is a key theoretical contribution of The Malthusian Hypothesis.

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The Malthusian Hypothesis, proposed by Thomas Malthus, suggests that population growth will outpace agricultural production, leading to scarcity. The law of diminishing marginal returns, which states that adding more of one factor of production will eventually yield lower per-unit returns, is a key concept in explaining the limits to agricultural production in Malthus's theory.

The Law of Diminishing Marginal Returns Is a Key Theoretical