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Eva8 [605]
3 years ago
8

The law of diminishing returns is often used to analyze the ideal amount of which factor of production?

Business
2 answers:
WINSTONCH [101]3 years ago
5 0
The correct answer to the question is, Labor.
Hope that help. ♥♥♥
blsea [12.9K]3 years ago
4 0

Answer:

labor

Explanation:

Theoretically, the law of diminishing returns could apply to the three factors of production (labor, land and capital), but it is generally used to analyze the amount of production that will be gained by adding additional units of labor. Usually additional units of labor tend to produce diminishing levels of output, e.g. a single extra worker will be able to produce 40 units per day, while another extra worker will only produce 37 units per day.

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Explanation:

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production inputs efficiency, these input could be labour, capital. Productivity helps to know how these inputs are been used in production of given level of output in economy.

7 0
2 years ago
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The correct answer is E

Explanation:

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So, in this case, the sales person, who made a sales through selling a car to customer, tries to reinforce the fact by asking after 2 weeks, that they made a smart investment. Therefore, he is trying to reduce or decrease the cognitive dissonance.

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3 years ago
If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflatio
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Learn more about monetary policy here:brainly.com/question/13926715

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