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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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Answer:

The number of ounces started and completed during the period is <u>42,000 ounces</u>.

Explanation:

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3 years ago
Global industries (GI) is planning to use some existing equipment from its own facilities in a foreign project. The used equipme
coldgirl [10]

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Jumpin Corporation uses the percentminusofminussales method to estimate uncollectibles. Net credit sales for the current year am
Fudgin [204]

Answer:

The amount of Uncollectible Account Expense reported on the income statement will​ be: $ 64,800

Explanation:

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Percent of Sales method

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