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marshall27 [118]
1 year ago
10

assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. all else being constant, as the

nation produces more missiles,
Business
1 answer:
Tatiana [17]1 year ago
7 0

All else being constant, as the nation produces more missiles, B. every additional missile will reduce consumer goods production by more and more.

<h3>What is the law of diminishing marginal returns?</h3>

The law of diminishing marginal returns states that after some optimal level of capacity is reached in a production process, an additional factor of production would result in a lessening of consumer goods or output (quantity of production).

This ultimately implies that, the law of diminishing marginal returns would only hold for an economic situation in which some inputs are variable and some inputs are fixed.

In this context, we can infer and logically deduce that as the nation produces more missiles (all else being constant), every additional missile will cause a decrease in the production of consumer goods by more and more in accordance with the law of diminishing marginal returns.

Read more on diminishing marginal returns here: brainly.com/question/13767400

#SPJ1

Complete Question:

Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the nation produces more missiles,

the opportunity cost of consumer wants being satisfied will diminish.

every additional missile will reduce consumer goods production by more and more.

the more likely it is to satisfy all consumer wants.

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Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.

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zhannawk [14.2K]

Examples of internal failure costs include warranty service and complaint handling. As a result, choice b is accurate.

<h3>What do you mean by internal failure cost?</h3>

Internal failure costs are expenses related to flaws discovered prior to the client receiving the good or service. External failure costs are expenses related to flaws discovered after the client has purchased the good or service.

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The answer is C I hope this helps you
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A common stock pays an annual dividend per share of $2.10. The market capitalization rate (required return on equity) is 10.0%.
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