Economics

what is macroeconomics Macroeconomics is a branch of economics that focuses on the behavior and performance of the economy as

what is increasing returns Increasing returns, also known as economies of scale, refers to a situation in which the output

what is diminishing returns Diminishing return, also known as diminishing marginal return, is a concept in economics that refers to

The relationship between marginal return and total return The relationship between marginal return and total return can be understood as