why do you think it is important to understand the concept of Diminishing Marginal Returns when making production decisions?

Answers

Answer 1

Answer:

The law of diminishing marginal returns is a theory in economics that predicts that after some optimal level of capacity is reached, adding an additional factor of production will actually result in smaller increases in output.

For example, a factory employs workers to manufacture its products, and, at some point, the company operates at an optimal level. With all other production factors constant, adding additional workers beyond this optimal level will result in less efficient operations. 

Explanation:

KEY TAKEAWAYS

The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output. 

After some optimal level of capacity utilization, the addition of any larger amounts of a factor of production will inevitably yield decreased per-unit incremental returns.

For example, if a factory employs workers to manufacture its products, at some point, the company will operate at an optimal level; with all other production factors constant, adding additional workers beyond this optimal level will result in less efficient operations. 


Related Questions

Can you pls help me i'm running out of time
IT'S DUE TODAY

Answers

Working in retail you hope to have the best experience for the consumers

14. Based on the excerpt, what was a reason that U.S. and U.K. forces
invaded Iraq in 2003?

Answers

to disarm Iraq of weapons of mass destruction, to end Saddam Hussein's support for terrorism, and to free the Iraqi people.

All of the following have contributed to Europe’s pollution problem by being released into the water supply, except __________.
A.
metals
B.
fertilizers
C.
pesticides
D.
carbon dioxide

Answers

The answer is D. Carbon Dioxide.
Carbon dioxide is a type of gas, so it would cause AIR POLLUTION and NOT WATER POLLUTION

Answer:

d

Explanation:

i did the text

Why are Kenyans not allowed to farm in national parks?

Answers

Bc there aren’t aloud to

why are the Olympic rings joined together on the flag?

Answers

Answer:

According to Coubertin, the colors of the rings together with the white of the background included the colors composing every competing nation's flag at the time. the six colors [including the flag's white background] combined in this way reproduce the colors of every country without exception.

Explanation:

Each ring in the 16 prints symbolizes one of the five continents competing at the Olympics: Africa (yellow), the Americas (red), Asia (green), Europe (black), and Oceania (blue).\have a nice day T_T

My parents are mad about my grades and how I'm behind in every class and it is really stressing me out, and I don't know what to do. Any advice?

Answers

Answer:

Just perhaps sit down and talk with them and tell them you are working on it and expalin to them that the pressure isn't helping. And to try and catch up on work set a certain time to do hw and get as much as you can. Or try making a schedule so like you have time for everything in your day including hw

Explanation:

Answer:

Hello, im am also struggling with the same problem dont worry.

Explanation:

First thing is take a deep breath if youre stressed. Everyone is stressed about school sometimes.

I have showed my mother (single parent) that i am doing everything i can to focus and catch up. She also dosent understand. I have showed her how im working my butt off everyday to catch up.

My adive to atch up is to do more assignments each day. When you complete one, they assign another. So say you get 1 per day (assigment). Youre behind 4. Youd do 2 a day till caught up.

So sorry of this dosent help.

PLZ ANSWER I NEED THIS FOR TEST! I WILL GIVE EXTRA POINTS!!!

Discuss why Carl Vinson’s support for a strong Navy became important in the 1930s.

Answers

Answer:

Explanation:

Carl Vinson (November 18, 1883 – June 1, 1981) was an American politician who served in the U.S. House of Representatives for over 50 years and was influential in the 20th century expansion of the U.S. Navy. He was a member of the Democratic Party and represented Georgia in the House from 1914 to 1965. He was known as "The Father of the Two-Ocean Navy". He is the longest-serving member of the United States House of Representatives from the state of Georgia.[1]

Why is many of the Caribbean islands not be found on a map

Answers

Answer:

because they are very small in size

Fast its urgent
What do you mean by multi party system. With example​

Answers

Answer:

A multiparty system means multiple political parties can compete against each other to be the leader of the country.

Examples of such a political system are India, South Korea, Pakistan, New Zealand, etc.

Explanation:

A multi-party means there are numerous political parties in a country and that they all have equal rights to be the majority and 'rule' the country. This means that all these parties can compete against each other for the position of the highest leader for the country.

Examples of countries with the multi-party system are India, Pakistan, South Korea, Taiwan, New Zealand, etc. among other.  

What is "Buying on the Margin"?
Group of answer choices

Purchasing butter substitutes instead of real butter

Borrowing money to purchase stocks

Buying companies old debts which had notations in the margins of their band ledgers

Buying on the margin didn't exist

Answers

B I hope it helps you

Which is not part of the D.E.C.I.D.E decision making process? O Choose a good option O Evaluate the results O Ignore other choices O Define the problem​

Answers

the o 100 percent the o your an idiot if you don't go with the o

help quickly pls! ill mark brainliest if correct :)

Answers

The black codes c I cause African American freedmen to be subject to segregation in the southern parts of the United States

Answer:

ITS B

Explanation:

what is---------- of the Japan is called the yen, it comes in both coins and paper bills.

Answers

Answer:

About the Japanese Yen: Bills and Coins in Japan Japan uses the Japanese yen, with the international symbol being ¥. Currently, there are 1,000 yen, 2,000 yen, 5,000 yen and 10,000 yen banknotes in circulation.

Which of the following decisions BEST represents a low cost choice? A. deciding whether to move to Boston or Phoenix to take a job B. deciding whether or not to wear a jacket outside while it is snowing C. deciding whether or not to put your aging parents into a nursing home D. deciding whether to go to an NFL football game or an NBA basketball game that both start at the same time please help asap

Answers

Answer:

B) Deciding whether or not to wear a jacket outside while it is snowing

Explanation:

Edge 2020

Answer:

B.

Explanation:

Cause it don't cost money its just nonsense.

How were the 1920s a period of contradictions?

Answers

The 1920s, like Starburst, were full of inconsistencies... The emergence of the Ku Klux Klan (KKK) coincided with the rise of the Harlem Renaissance. The KKK perpetrated hate crimes against these black people, including burning crosses in their front yards and murdering them in some cases.

PLEASE HURRY IM TIMED Who was one of the most important people involved in the beginning of the gold rush?
Thomas Jefferson
William C.C. Claiborne
Robert Livingston
John Sutter

Answers

The answer is John Sutter

Which describes a way that early hunter-gatherers got food? A. They used chickens to lay eggs. B. They used tools to kill animals. C. They grew crops on farms. D. They grew seeds and nuts.

Answers

Answer: B. They used tools to kill animals.

Explanation:

The hunter gatherers were early humans who used to gather collectively to hunt big animals. The spears, bows and arrows made hunting and killing of animals easier. They kill animals to feed themselves. The scraping tools were used by these early humans to clean animal skin and the skin they used to make clothing and their own shelter. Harpoons were sharp pointed tools which were used to catch fishes.

What was the trail of tears like for Samuel Cloud? How did he describe it?

Answers

I really hope this helps a ton!!

About Vedas and Vedic literature

Answers

Answer:

Composed in Vedic Sanskrit, the texts constitute the oldest layer of Sanskrit literature and the oldest scriptures of Hinduism. There are four Vedas: the Rigveda, the Yajurveda, the Samaveda and the Atharvaveda.The Vedas are a large body of religious texts originating in ancient India. Composed in Vedic Sanskrit, the texts constitute the oldest layer of Sanskrit literature and the oldest scriptures of Hinduism. There are four Vedas: the Rigveda, the Yajurveda, the Samaveda and the Atharvaveda.

Explanation:

hope this help

1. What is the Church teaching on human life?​

Answers

Answer:

Which church?

Explanation:

If you are talking about the catholic church or any sort of christian based church than it is not teaching anything correct about human life, science or morals.

Support for deciding the Presidential election by a popular vote is a growing trend. When considering this map of the
*2000 Popular Vote by County" most political scientists belief a popular vote would only demonstrate the
A)
division between rural and urban voters.
B)
division between Democrats and Republicans.
divisions between young voters and older voters.
D)
divisions between blue collar and white collar voters.

Answers

Answer:

A

Explanation:

division between rural and urban voters.

A popular vote would drastically demonstrate the deep division between rural and urban voters. This would then turn campaigning into a battle for urban voters with little regard to the needs of rural and small town American voters.

The best example of balanced forces is a:
A:A bus parked in a garage
B:Ball kicked along a flat surface
C:roller coaster slowing down on an incline
D:car increasing speed.
HELP ASAP!!!!!!!

Answers

Answer:

(D) car increasing speed

In addition to mapping the Louisiana purchase Louis and Clark also contributed to Americans knowledge about

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

In addition to mapping the Louisiana purchase, Louis and Clark also contributed to Americans' knowledge about the west part of the North American territory and its possibility to be settled.

After the Louisiana Purchase of 1803, US President Thomas Jefferson ordered the Lewis and Clark expedition to explore the newly acquired lands. The task was for Meriwether Lewis who, in 1804 accepted the help of William Clark to lead the exploration of the unknown territories.

After two years and almost 9000 miles of the journey, both explorers returned to Washington D.C: to debrief the president.

disadvantage of globalization:

plz leave some ideas ​

Answers

Answer:

Growing Inequality

Explanation:

where is mesopotamia situated? ​

Answers

Answer:

Mesopotamia, Iraq

Explanation:

hope this helps

How did the rest of the world react to Britain's response to India's peaceful 1 point
protests?
a. With support for great Britain.
b. with support for India c. with support for neither country.
d. with support for both countries

Answers

Answer:

Just did the quiz, the guy below me is very wrong and just wanted points. Answer is B. You're Welcome.

Explanation:

The rest of the world react to Britain's response to India's peaceful 1 point protests is with support for India. The correct option is (B).

What was Britain's response to Gandhi?

Gandhi was detained by the British, who then tried him. However, under pressure from Gandhi's throngs of admirers, British officials freed him and ultimately ended the unfair tax scheme.

Gandhi organized and led three significant actions in the Indian Independence Movement: the Salt Satyagraha and non-cooperation in 1930–1931; civil disobedience in 1940–1942; and the Quit India movement in the late 1940s.

In the end, the British administration came to the conclusion that India would be impossible to rule in the long run, and the challenge for the postwar age was how to depart gracefully.

Therefore, the rest of the world react to Britain's response to India's peaceful 1 point protests is with support for India.

To know more about the Britain's response, visit:

https://brainly.com/question/883664

#SPJ6

what is colon? how long is it​

Answers

Answer:

5 feet long and about 3 inches in diameter.

Explanation:

Hope it helps : )

Can someone help me with this please I will give lots of points

Answers

Answer:

read explaination

Explanation:

Its all of the choises execpt "most cities in the south were populated with 100,000"

what is overnight borrowing rate?

Answers

Answer:

i don't know

Explanation:

What Is the Overnight Rate? The overnight rate is the interest rate at which a depository institution (generally banks) lends or borrows funds with another depository institution in the overnight market. In many countries, the overnight rate is the interest rate the central bank sets to target monetary policy.

Explanation:

It's when you get a loan from the bank and you must repay the borrowed funds plus interest at the start of the business the next day.

what things to consider while formulating constitution so that become longer? ​

Answers

Answer:

The most important thing that has to be considered is that the laws and rules of the Constitution must be Obeyed and Respected. After this things that are to be considered for, freedom of speech and freedom of the press is important.

Explanation:

Hope this helped Mark BRAINLEST!!!

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What percentage of the pieces was he missing if he had 250 puzzle pieces and was missing 15 What percentage of the pieces was he missing solve the system of equations by adding. checking your answer 2x+2y=23x-2y=43the solution of the system is ( , ) HELP WITH THIS WORD PROBLEMStudents want to gather evidence for the claim that the number of atoms present before a chemical reaction is equal to the number of atoms present after the chemical reaction. They decide to react vinegar and baking soda in a sealed plastic bag. Which of the following would provide the evidence the students need?The mass of the plastic bag, baking soda, and vinegar before the reaction was equal to the mass after the reaction.Bubbles were produced during the reaction, which meant that a gas was being produced.The plastic bag did not change in any way, indicating that it was not involved in the reaction.The mass of the baking soda was exactly equal to the mass of the vinegar used to create the chemical reaction. Send me the answers The cheetah is one of the fastest-accelerating animals, because it can go from rest to 27 m/s (about 60 mi/h) in 4.0 s. If its mass is 110 kg, determine the average power developed by the cheetah during the acceleration phase of its motion. Express your answer in(a) watts(b) horsepower. Which fraction is equivalent to the whole number 8? Please can you help me 125^2x = 5^4x-4 solve for x find the value of x help plz Ill mark brainiest plz hury Which answer choice shows the weight of the boxes in order from greatest to least? A. 11.09, 11.283, 11.301, 12.08, 12.8 B. 12.08, 12.8, 11.301, 11.283, 11.09 C. 12.8, 12.08, 11.301, 11.283, 11.09 D. 11.09, 11.283, 11.301, 12.8, 12.08 HELP HELP HELP HELP HELP!!!! At approximately what value of x do the two lines meet? this is algebra 1 please find the answer to this problem. With reference,examine the assertion that, 'inherited factors are indispensable in determining the appearance of an individual'. Line P is parallel Ito Line Q. Find the measure of angle 7 if the measure of angle 2 = 75.(Last Question) Look at the diagram B. What is happening in diagram B ? Is this triangle a AA SAS or SSS or Not Similar PLS HELP PLS PLS What is DNA?Byeeee, I'm leaving brainly, just giving points to those who need. Suppose that the weight (in pounds) of an airplane is a linear function of the total amount of fuel (in gallons) in its tank. When graphed, the function gives a linewith a slope of 5.7. See the figure below.With 46 gallons of fuel in its tank, the airplane has a weight of 2162.2 pounds. What is the weight of the plane with 18 gallons of fuel in its tank? Legends will get a heart if they get this right