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Sarah owns a bakery with four ovens, one full-time, exempt administrative employee, and eight part-time hourly bakers. Why would marginal productivity decline after a certain
Sarah owns a bakery with four ovens, one full-time, exempt administrative employee, and eight part-time hourly bakers.
Why would marginal productivity decline after a certain level of production?
How can this problem of diminishing returns or marginal productivity be reduced or removed?
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