-Refer to Table 8.3. Diminishing returns to capital most obviously occur between periods _______ and _______.

Name: -Refer to Table 8.3. Diminishing returns to capital most obviously occur between periods _______ and _______.
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Diminishing returns to capital occur when additional units of capital result in smaller increases in output. This is most obvious between periods 3 and 4, where the increase in output from additional capital is less than in previous periods.