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oksano4ka [1.4K]
2 years ago
14

Because the slope of the production function becomes flatter as more capital is added, the marginal product of capital is

Business
1 answer:
allochka39001 [22]2 years ago
7 0

As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".

<h3>What is marginal product of capital?</h3>

The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.

This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.

  • Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon.
  • The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.

To know more about the importance of marginal product, here

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why can it be dangerous to provide credit card information over the internet? does it stop the risk if you only use credit cards
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If there were no rules or information security standards governing the data that makes up an e-commerce transaction, the Internet would not be as popular as it is now.

It is well recognized that using cyber security is important for e-commerce. Because cyber assaults may result in significant loss of income, data, and company viability, cyber security is crucial for e-commerce. Be aware that an increase in online crime may cause a crash. Therefore, I would say that, in the absence of regulations or information security standards pertaining to the data that makes up an e-commerce transaction, the Internet would not be as popular as it is now.

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3 0
1 year ago
The point at which it is no longer advantageous to buy in bulk is known as marginal?
kipiarov [429]

The point at which it is no longer advantageous to buy in bulk is known as marginal. It is the incremental increase in a benefit to a consumer caused by the consumption of an additional unit of good.Marginal benefits normally decline as a consumer decides to consume more and more of a single good.


8 0
3 years ago
Read 2 more answers
Which highest and best use criterion would require an appraiser to consider the frontage of the site?
Bond [772]

physically possible is the highest and best use criterion that would require an appraiser to consider the frontage of the site.

Criterion is usually a plural noun that refers to a criterion by which a judgment can be made. Its singular form is the norm, but evidence shows that the norm is often used in both singular and plural forms, as are data and agenda, and their lesser-used singular forms datum and agenda. I'm here.

For example, SAT score is the predictor and his GPA in college is the criterion. Regression analysis confirms that there appears to be a strong correlation between SAT scores and his GPA in college. However, a high SAT score does not necessarily mean a high GPA in college.

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8 0
1 year ago
Managing quality helps build successful strategies of A. ​differentiation, low cost and service. B. ​differentiation, time and r
Liono4ka [1.6K]

Managing quality helps build successful strategies of "​differentiation, low cost and response".

<u>Answer:</u> Option C

<u>Explanation:</u>

The expression of supervising all operations and activities necessary to maintain the rate of competence required, thus understood as "Quality management". It involves defining a performance policy, establishing and enforcing quality scheduling and expectation, as well as quality control and enhancing quality.

In order to attract market, launch of unique product is necessary with pocket friendly price and good quality too. When quality is managed more according to the market need than the owners capability of finance, then only growth of firm is possible, thus quality of product should not be compromised.

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3 years ago
My question is what is in decentralization​
jolli1 [7]

Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.

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