(i) Why is the marginal rate of return for education investment subject to 'diminishing returns'? (5 marks) (ii) Explain

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(i) Why is the marginal rate of return for education investment subject to 'diminishing returns'? (5 marks) (ii) Explain

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I Why Is The Marginal Rate Of Return For Education Investment Subject To Diminishing Returns 5 Marks Ii Explain 1
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(i) Why is the marginal rate of return for education investment subject to 'diminishing returns'? (5 marks) (ii) Explain the rationale for identifying this diminishing marginal rate of return curve as the demand for education curve'.
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