Question on: JSS1 Agricultural science - Introduction to Agricultural Economics

The Law of Diminishing Marginal Returns states that as more units of a resource are applied, the marginal return diminishes. In agriculture, this principle is significant because:

  - Optimising Resources: Farmers need to balance resource application to achieve maximum productivity without wastage.

  - Decision-Making: It guides decision-making regarding resource allocation, helping farmers avoid diminishing returns.

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