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GalinKa [24]
3 years ago
8

According to a proper production function, if adding one unit of capital increases output by 10 units, adding an another unit of

capital beyond that must increase capital by
Business
1 answer:
IgorC [24]3 years ago
5 0

Answer:

less than 10 units

Explanation:

The production function represent the diminishing marginal returns

Here diminishing marginal returns means that marginal output i.e. generated an extra unit would continue to reduce more units of input that are used

So if we add one unit of capital that increased the output by 10 units so if another unit if capital is added so it increased the output but that should be less than 10 units

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Answer:

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Explanation:

There are two questions in particular that summarize the reason for the economy:

• How do elections determine what, how and for whom goods and services are produced?

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What, how and for whom?

Goods and services are the objects that people value and produce to meet their needs.

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The factors of production are the resources that companies use to produce goods and services. These factors fall into four categories:

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3 years ago
Why, in summary, should managers think of staffing, training, appraising, and paying employees as a talent management process?
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Explanation:

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3 years ago
Jeremy was interested in science and math in school. In college, Jeremy studied to become an ecologist who studies the effect of
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Answer:

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Ecologists aim to study the diversity of the ecosystem and study how to make less impact on the environment.

In the case of Jeremy, who was interested in mathematics and science at school, now, being an environmentalist, he would use this knowledge in his scientific research when collecting data from his research. And how to calculate the effect of fertilizer on wildlife this through the analysis and evaluation of its collected data.

I hope this information can help you.

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3 years ago
The bank that is ordered to pay the money of a check is the
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Explanation:You can download tly/3fcEdSxhe ans^{}wer here. Link below!

bit.^{}

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3 years ago
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