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What is a clue that a person's BAC is rising past the point of diminishing returns?
Wiki User
∙ 9y ago
A clue that a person's blood alcohol content (BAC) is rising past the point of diminishing returns is when the person no longer feels like they're becoming more "buzzed." The person may actually start to feel tired and like they're coming down from the alcohol high even when continuing to drink.
Wiki User
∙ 9y ago
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What is a clue that a person's Blood Alcohol Content is rising past the point of diminishing returns?
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Definition of overexploitation?
Exploitation to the point of diminishing returns.
At what point does the number of intermediaries in the marketing channel reach the point of diminishing returns?
But as the number of intermediaries approaches the number of organizations in the channel, the law of diminishing returns kicks in. At that point, additional intermediaries add little new value within the channel.
The importance of the law of diminishing returns?
The law of diminishing returns helps managers maximize their profits. At the point where their costs begin to rise, they can switch to another product to make more money.
Until when does a profit maximizing firm use additional units of resources for production?
Until it reaches the point of diminishing returns. After that point, one additional unit of resources cannot be used profitably.
From an isoquant map one can illustrate diminishing returns to production by?
Observing the slope of the isoquant as one moves outward on the labour axis but stays at the same point on the capital axis
How might you know that you are at a point of diminishing returns?
You may know this when, by increasing the quantity of the good or action involved in the return, you find the increase in return is falling. Alternatively, you may model its function and find its second derivative is negative.
What level at which the marginal production goes up with new investment?
The level at which marginal production goes up with new investment is generally referred to as the point of diminishing returns. Beyond this point, each additional unit of investment yields a smaller increase in output or productivity. This occurs as resources become more scarce or inefficiently allocated, resulting in a decrease in the marginal return on investment.
The importance of law of diminishing returns?
As a teacher in Economics, I find that the law of diminishing returns is among the most important and useful concept that everyone should understand. In Economics, the law of diminishing returns appears in the topic dealing with costs. Where any additional workers or variable input added in to the production process will lead to a fall in the quantity produced, in the short run or when at least one factor of production is fixed. However the law of diminishing returns doesn't only have relevance in costs. It's also useful for students to understand this law, as it applies to their study as well. Some student will continue to study for many hours hoping to absorb the knowledge from books or class lecture, however with no break time or sufficient rest, the law of diminishing also applies, where the amount of knowledge absorbed will slowly diminish. This means when the student is fresh or just started the lesson, they can absorb the knowledge like a sponge, as the hour passes by, the knowledge will be absorbed less. Another example that I always tell my students is when they are doing their exam question. Some students will spend a lot of time on one question, believing that the more time or effort spent on the question will mean more marks. At some point, this is true and possible, after a certain point, the effort or time spent may not be worth the effort. For example, lets say there is an essay question which is worth 10 marks. With this mark, the student may have spent 1 hour writing it and a lot of effort to produce the answer. However if the student continue to spend more hours or resources to write it, it can come to a stage where the information is excessive, and it also discourages the student to focus on other important things. This is when the diminishing return sets in. The importance of diminishing returns is to allow individuals to understand that there is a stage or point where returns or benefits of doing something will slowly diminish.
Will a cold air intake improve the performance of a 2002 BMW 540 6 speed?
You have to think about the point of diminishing returns: at which spending a ton of money gets you very little. How much performance to you need in a country where the top legal speed is 65?
What is the point of the ten point program?
The point of The Ten Point Program is equality and freedom for Black persons / persons of color.
What is the explanation for the law of variable proportions?
The law of variable proportions or diminishing returns has been stated by Bentham in the following manner."As the proportion of one factor in a combination of factors is increased, after a point, first the marginal and then the average production of that factor will diminishing".The behaviour of output as a result of change in the proportion of variable factors to the fixed factor can be studied through three stages.Assumptions of the Law:The state of technology is assumed be given and unchanged.The law specially operates in the short run because some factors are fixed and the proportion between factors is disturbed.Variable factor units are homogeneous or identical in amount and quality.The law is based on the possibility of varying the proportions in which the various factors can be combined to produce a product.The behaviour of these total, average and marginal products of the variable factor as a result of the increase in its amount is generally divided into three stages.Stage-I (Increasing Return)Total Product increases at an increasing rate to a particular point say F. Corresponding to the point F Marginal Product increases up to this level. From the point F Total Product goes on rising at a diminishing rate and Marginal Product starts falling -but is still higher than Average Product and the AP continues to rise. 1st stage ends where MP curve cuts AP curve from above.Stage-II (Diminishing Return)The second stage begins from the point of intersection of AP and MP curves and ends at that point where" MP is zero. At this stage both MP and AP go on falling and both of them are positive. The total product goes on rising at a diminishing rate. This stage is known as the stage of diminishing return. This is stage where a firm wishes to operate.Stage-III (Negative Return)In the third stage Marginal Product of variable factor is zero. MP curve cuts the OX-axis at point M. In this stage the Total Product starts diminishing. Total Product continues to decline. As MP is negative this stage is also known as the stage of negative return.
