I did some research and found out it is the law of increasing costs
:)
Answer:
Where clause
Explanation:
Coding is a complex method that involves assigning a different set of clauses for various set of operations. 'Where' clause is used to specify which row or rows must be updated and to perform any operations that are related to assigning anything to rows. It helps to assign a command required to update a row or rows.
A. An example of an increase in human capital <u>is your labor productivity increases</u>.
More about human capital:
Human capital is the term used to describe how valuable an employee's skills and expertise are economically. Employers value qualities like punctuality and loyalty as well as skills, knowledge, and abilities, as well as physical and mental well-being.
It is an intangible asset or quality because a corporation cannot list it on its balance sheet. Investments in human capital are thought to increase productivity and profitability. The more a firm invests in its employees, the more likely it is that it will be productive and successful.
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By the end of the nineteenth century, the United States banking system transitioned from bimettalism to flat greenback currency.
Bimetallism involves the use of gold and silver as a form of legal tender. The worth of the quantity of the gold and silver is usually presented as a form of exchange to buy the equivalent of the goods and services.
The change was done close to the civil war and this helped to stabilize the economy as the silver coinage was exempted thereby giving rise to displeasure of people who had Silver. The aim of this change was achieved as inflation was stopped.
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Answer:
C) the firm is experiencing a diminishing marginal rate of technical substitution.
Explanation:
Isoquant reflects factor combinations which give producer same output level. It is analogous to consumer's indifference curve, reflecting goods combinations giving same satisfaction level.
- It is downward sloping as same quantity of a good can be produced by - one factor increase, other factor decrease & one factor decrease, other factor increase.
- It is also concave i.e inwards bending towards origin, because of fallings slope. It implies that marginal rate of technical substitution (fall in one factor , replaced by gain in other factor) with same level of output i.e same isoquant - keeps on falling.
This concept is highlighted in the given statement : If a firm hires one worker and eliminates four units of capital, and hires one more worker and replaces three more units of capital, keeping output constant.