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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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3 years ago
Jacob is a senior manager at Aries LLC. He has been earning significant bonuses in addition to his salary. He often misrepresent
Mila [183]

The name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing is known as:

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According to the given question, we are asked to state the name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing.

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2 years ago
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