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svp [43]
3 years ago
5

According to the law of diminishing marginal returns rev: 06_26_2018 Multiple Choice total product will fall and then rise as ad

ditional units of an input are employed. employing additional inputs will diminish total product. the additional inputs necessary to produce an additional unit of output will diminish. the additional product generated by additional units of an input will eventually diminish.
Business
2 answers:
IgorLugansk [536]3 years ago
8 0

Answer:

The correct answer is: the additional product generated by additional units of an input will eventually diminish.

Explanation:

The law of diminishing marginal returns states that with each additional unit of input employed the marginal product of each additional input will go on declining.

This is why the total product will increase at first but after reaching a certain point it will start declining. The total product will be maximum at the point where the marginal product is zero. When marginal product becomes negative the total product will decline.

prisoha [69]3 years ago
7 0

Answer:

The correct answer is: the additional product generated by additional units of an input will eventually diminish.

Explanation:

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During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direc
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Answer and Explanation:

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3 years ago
The control systems used in international firms include: personal, bureaucratic, output and Blank______.
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The control systems used in international firms are;

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  • bureaucratic
  • output
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<h3>What is the control system?</h3>

A control system serves as set of mechanical or personal devices that are used in regulating other other devices or systems.

In international firms this control system helps to monitor the ethics, standards that are required by the international firm in relation with other firms across the globe.

Learn more about control system at;

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6 0
2 years ago
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3 years ago
The use of capital in the production process ______.
Ray Of Light [21]

Answer:

The correct answer is letter "D": improves efficiency, increases output, and provides for growth.

Explanation:

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<em>While talking about production, capital allows firms to hire qualified personnel that improves the company's efficiency which is likely to increase production or improve the quality of the output. Eventually, both an increase in efficiency and output contributes to the growth of an institution in the form of more profits.</em>

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