Answer:
Your answer is Paint is used to protect all sorts of buildings and structures from the effects of water and sun
Explanation:
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<em>Crown</em><em> </em><em>me</em><em> </em><em>as</em><em> </em><em>brainliest</em><em>:</em><em>)</em>
Even though insignificant explanatory variables can raise the adjusted R 2 of a demand function, one should not interpret their effects on the regression when testing marketing hypotheses about the determinants of demand.
What is meant by demand function?
A demand function is described by the equation p=f(x), p = f (x), where p represents the unit price and x represents the quantity in question. A demand function is typically characterized as a decreasing function of x, meaning that it gets smaller as x grows.
What is meant by regression in statistics?
Regression analysis is a statistical method for connecting a dependent variable to one or more independent (explanatory) variables. A regression model can demonstrate whether variations in the dependent variable are related to variations in one or more explanatory variables.
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The law of diminishing marginal returns---<u>explains why the average </u><u>total costs</u><u> and</u><u> marginal cost curves </u><u>are U shaped in the </u><u>short run.</u>
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Option C is correct.
<h3>What is the law of diminishing marginal returns?</h3>
The law of diminishing marginal returns states that when a firm uses more than one variable factor of production for a given fixed quantity of factors of production, the marginal product of the variable factor of production that will eventually drop.
<h3>Why is diminishing profit margin important?</h3>
The law of diminishing marginal returns is one of the fundamental principles of economics and is very important in finding the right balance of production in an organization. Regardless of the nature of the business, understanding the law of diminishing marginal returns will have a direct impact on its performance.
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Answer:
(B) Is the change in total cost from producing one additional unit of output
Explanation:
Marginal cost is the change in the total cost of production as a result of increasing the quantity produced by one unit.
Diminishing returns causes marginal cost to increase.
Marginal product of labor (MPL) is the change in output as a result of hiring one more unit of labour.
B) the ownership interwsr of one partner is sold to a new partner