Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .
Answer:
The continental system failed
Explanation:
it did all the others are right though
The government plays the role of promoting economic growth and stability of a country. It does this by providing legal and policy frameworks, a stable environment for business and investing in manpower and infrastructure.
In short, the government enforces economic laws and regulations.
Good luck :)
The Articles became binding when they were ratified by the 13th state, ... In the words of George Washington, who would become the first president of the United ... the Constitution included most of the outstanding leaders, or Founding Fathers, .... In the U.S. system each level of government has a large degree of autonomy.
hope this helps u
Answer:
I would say it is inappropriate
Explanation:
Is that the question
