What is meant by increasing at "decreasing rate/ increasing rate " ? m not able to understand the meaning of the phrase ...........

Hey Pranjal, increasing at increasing rate or decreasing rate is used for Total Product (TP). TP increases at increasing rate means MP is increasing. Since, MP is increasing implies that more and more is added to TP. Thus, it is said that TP increases at increasing rate.  On the other hand, TP increases at decreasing rate means MP is diminishing.  â€‹Since, MP is diminishing implies that less and less is added to TP. Thus, it is said that TP increases at diminishing rate. 

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