In economics, the law of increasing return is also known as the network effect. This explains the positive effect a user of a product has on the value of said product as it pertains to other people. Namely, the more people that use a product, the more valuable it is. A prime example is internet access. The more people who have internet access, the more people will want or need internet access to communicate with those people.
it explains why production possibilities frontiers usually curve
Hooke's law is about proportionality. So whatever is increasing can also be decreasing.
by increasing the terminal voltage
Explain the Law of Variable Propotion
the increasing amounts of one commodity that a nation must give up to release just enough resources to produce each additional unit of another commodity. THis is reflected in a production frontier that is concave from the origin.
I dont know
sintax law is increasing the price of alcohol and cigarretes.
The law of increasing opportunity costs states that the more of a product that is produced the greater is its opportunity cost.
The Law of Return allowed for an increase in Israel's Jewish population.
what law of increasing costs means that when an economy increases the production of one item _____.
A myth to explain why ships did not return or were found wrecked with no crews.
gases