please explain the law of diminishing returns

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please explain the law of diminishing returns

In: Economics

5 Answers

Anonymous 0 Comments

You are thirsty and you have 10 bottles of water.

The first feels super nice and quenches your thirst.
The second one is still pretty nice but probably drinking slower and getting full.
The third one you can still down it but probably not pleasant anymore.
Etc

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