Fly Rods - Law of Diminishing Returns?

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What are differences between the low priced fishing reels and outrageously expensive reels? Why do you buy the expensive one, say a $1300 reel? - Quora

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The phenomenon of diminishing returns rests upon the of the fixed factor

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What is the point of diminishing return and how can it be avoided? - Quora

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Can you please give examples of the law of diminishing marginal returns? - Quora

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