Diminishing Returns and the Production Function- Micro Topic 3.1

I explain the idea of fixed resources and the law of diminishing marginal returns. I also discuss how to calculate marginal product and identify the three stages of returs: increasing, decreasing, and negative returns. For more econ stuff, visit my website www.ACDCEcon.com
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By the way, I had some songs from West Side Story in my head while I was filming.

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[@JacobAClifford]

+anabel S You are welcome

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+Jason Horta I'm glad that it made sense

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+Kaylin Schupp Great. Youa re welcome Kaylin. Please subscribe and tell your friends. You rock!

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+Manassvini R You are very welcome

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Are you guys here too because online classes has failed you ? :(

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Nah, physical classes have failed me.

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