The three most prominent factors that contribute to Africa's lack of economic and human development are corrupt governments, a lack of material resources, and tribal warfare. All of these are somewhat intertwined. <span />
Merchant because I said so
Answer:
CONFIRM
Explanation:
I don't think it's the right path to this situation and I don't know what it would mean for me
Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .
