0
How does the law of diminishing marginal productivity affect the cost of productions?
Wiki User
∙ 9y ago
When marginal productivity is diminished, the cost of productions can decrease if the marginal costs for making an extra product is larger than the marginal revenue for that 1 extra unit product.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
How does diminishing marginal utility affect demand?
Well diminishing marginal utility basically states that when a person constantly consumes the same product each time they will become less and less satisfied. So diminishing utility will cause a decrease in demand.
List some factors that can affect productivity and some ways that productivity can be improved?
productivity is provide a measure to effective and efficient use resources
How does productivity affect supply?
no
Do fixed and variable costs affect short-run marginal cost?
Fixed costs do not affect short-run marginal cost because they are just that- fixed. They are not dependent on quantity when it changes and does not vary directly with the level of output. Variable costs, however, do affect short-run marginal costs.
How can suppliers affect company's productivity?
they cant
How does diminishing marginal utility affect demand?
Well diminishing marginal utility basically states that when a person constantly consumes the same product each time they will become less and less satisfied. So diminishing utility will cause a decrease in demand.
List some factors that can affect productivity and some ways that productivity can be improved?
productivity is provide a measure to effective and efficient use resources
How does productivity affect supply?
no
How do pests affect productivity?
they reduce it
Do fixed and variable costs affect short-run marginal cost?
Fixed costs do not affect short-run marginal cost because they are just that- fixed. They are not dependent on quantity when it changes and does not vary directly with the level of output. Variable costs, however, do affect short-run marginal costs.
How can suppliers affect company's productivity?
they cant
How does economic interdependence affect productivity?
O
How do deforestation heavy fertilizer use and soil erosion affect reef productivity?
how do deforestration,heay fertilizer use and soil erosion affect reef productivity
How does an increase in wages affect a firms marginal cost curve?
Bbg
How does Increasing return affect productivity?
I dont know
What is the affect of a per unit tax on marginal cost of production?
a per unit tax directly affects the marginal cost schedule by increasing the value of each marginal cost at each value by the amount of the tax
Coronary artery disease in the marginal arteries affect which part of the myocardium?
The penis
