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Shvoong Home>Arts & Humanities>The Law of Marginal Productivity Summary

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The Law of Marginal Productivity

Book Summary by: AcaDemon    


This paper defines the law of marginal productivity, providing examples from agriculture to explain it. The paper examines
how this law affects the retail stores. The paper explores the trend to consolidation among department stores and contends that the increased revenues from the consolidated stores will increase profits for the company, consolidate costs and lessen at least some of the fixed costs for the formerly individual department stores and thus eventually increase sales and stimulate lagging productivity.
Published: November 12, 2006
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