in the fictional nation of simeon, it takes 10 units of resources to increase its output of flour from 12 tons to 13 tons, but 1
1 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons, and so on. the need for increasing resources is an example of
The procedure collection and strategies used to match available resources with the demands of the organization in order to <em>achieve predetermined goals</em> is known as resource utilization or increasing capacity, and the further calculation can be defined as follows:
When more and more units of a variable input are used or utilized on a given quantity of fixed input.
The total output eventually grows at a rising rate with a constant rate, but it finally drops at a decreasing rate.
According to the <u>law of decreasing marginal returns</u>, introducing a component of production leads to lesser increases in output.
After a certain level of <u>optimal capacity utilization</u>, adding more of a production factor will always result in <u>lower per-unit incremental returns</u>.
Therefore, the final answer is "Each new unit necessitates the use of more units of resources".
