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olganol [36]
2 years ago
14

For a typical firm, as production continues to expand marginal cost will increase due to?

Business
1 answer:
mariarad [96]2 years ago
4 0

For a typical business firm, as production continues to expand marginal cost will increase due to the use of less productive resources.

<h3>What is law of diminishing marginal productivity?</h3>

The law of diminishing marginal productivity states that as the unit of a good produced by using more variable input units alongside a certain amount of fixed inputs increases, the total output may grow at a faster rate initially, then at a steady rate, and then starts decreasing or diminishing as the units of good produced increases.

<h3>What is marginal cost?</h3>

Marginal cost can be defined as the additional amount of money that is paid by a business firm from the production of an additional unit of a good or service.

In conclusion, as production continues to expand for a typical business firm, marginal cost will increase due to the use of less productive resources in accordance with the law of diminishing marginal productivity.

Read more on law of diminishing marginal productivity here: brainly.com/question/28149506

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In 2019, Wesley has a fairly simple tax situation with moderate wage income and a modest amount of interest income. Wesley, age
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He may file Form 1040.

Explanation:

Form 1040 is the IRS standard form which is used by individual taxpayers to file their annual tax reports.

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3 years ago
The Ohio State University research on initiating structure and consideration was focused on identifying what aspect of leadershi
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Ohio State University's research on initiating structure and consideration was focused on identifying the task-oriented aspect of leadership.

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Therefore, Ohio State University research was focused on identifying task-oriented leadership, which is used to structure the workplace by directing the achievement of tasks and priorities through completion in the allotted time.

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The movie outlines two contemporary rising or resurgent nations which may be planning to alter the current international system China and Russia.

<h3>What exactly does International System mean?</h3>

In politics, the phrase "international system" can be used to describe: It is the world's conglomeration of states. The phrase can also be used to refer to pre-industrial international state systems. It is frequently used to describe twentieth-century international systems.

<h3>What distinguishes the International System?</h3>

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