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3 years ago

During which phase in the process must a firm allocate its factors of production?

2 answers:

4 0

In economics, the three stages of production are increasing average product production, decreasing marginal returns and negative marginal returns. It would be during the first stage that a firm must allocate its factors of production. Hope this answers the question.

stellarik [79]3 years ago

4 0

Hello there.

During which phase in the process must a firm allocate its factors of production?

increasing average product production

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