Answer: True
Explanation:
Looking at the Production Function you will notice that Output increases at different rates to input added. First output increases at an increasing rate then at a constant rate then at a decreasing rate.
This shows the concept of the Law of Diminishing Marginal returns because as more input(labor) was added, at some point the output started increasing at a decreasing rate till it gets to a point where marginal returns will be negative.
The reason for this is that each worker is now working with less capital than before (assuming capital doe not change) and so will only produce less.
Answer:
The correct answer is introductory.
Explanation:
In short, it is the stage where the conception, definition and experimental period of the product is fixed, studies say that more than 70% fail to launch to the market. It is characterized by:
- Low sales volume
- Great technical, commercial and communication investment.
- Great effort to fine-tune the manufacturing means.
- Difficulties to introduce the product in the market.
- Low saturation of your potential market.
- Few bidders.
- Special dedication of the sales team.
In summary, this phase is characterized by a negative profitability due to the great resources that are necessary to manufacture, launch and refine the product, compared to the sales volume achieved.
option C to persuade, just took the test
Answer:
i think its training to prepare students for actual work in their chosen field.
