🤑ap microeconomics review

Diminishing marginal product

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

The principle that as additional units of a variable input are added, the marginal product eventually decreases.

AP course connection

Topic 3.1: 3.1 The Production Function

Unit 3

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