Be clear about your words and focus on what you are presenting
Answer:
a decrease in market output and an increase in the price of the product.
Explanation:
It will decrease
because the marginal productivities of workers will decrease. Diminishing marginal product occurs when the
marginal product of an input goes down as the quantity of the input goes up. The transformation in product resulting from
employing one more unit of a particular input for instance, the change in
output when a firm's labor is mark up from five to six units, assuming that the
mass of other product are kept constant is
called The input of marginal product or marginal physical product.
Given that <span>Heath's
company is currently producing 50 units of output. the price of the
good is $5 per unit. total fixed costs are $30 and the average variable
cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
As a licensed foster mom, the answer is F. All of above
