If a society attempts to increase output by increasing the amount of labor used,holding land and capital fixed,it will experience diminishing marginal

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The law of diminishing marginal returns states that as more units of one factor of production (in this case, labor) are added while holding others constant (land and capital), the marginal product of that factor will eventually decrease. This means that each additional unit of labor will add less to the overall output than the previous unit, resulting in diminishing marginal returns.

If a Society Attempts to Increase Output by Increasing the Amount