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7. The rate at which a firm can substitute one factor for another while still producing the same level of output is known as the?
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The profit-maximizing level of output for this firm?
Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?
Is the increase in efficiency gained by producing more output without using more inputs.?
savings
What is over production?
what is overproduction during natural selection using Darwin's theory? over production is producing something beyond the requirement , that is producing an output above the equilibrium .
The extra cost of producing one additional unit of output is called?
marginal cost
What is law of returns explain it with the help of schedule and diagram?
returns to factor means change in physical output of a good or a commodity when the quantity demanded of one factor is increase while that of the other factors remain constant . It is a short run phenomenon and can be possible in three ways they area) Increasing return to factor - increasing returns to a factor refers to a situation on when each additional unit of a variable factor adds more and more to the total output that is when marginal product of a factor increases as more of the variable factor is constantb) constant returns to a factor - constant returns to a factor refers to a situation in which additional units of a variable factors adds the same amount of output that is when the marginal product of the variable factor is constantc) Diminishing returns to a factor refers to a situation in which each additional unit of a variable factor adds lesser and lesser amount of output that is when marginal product of a factor falls as more of it is used
While producing less then the competitive output decreases social welfare. Can it be said about producing more than the competitive output?
Yes
What is factor productivity?
A productive factor is an input capable of producing (use- or exchange-) values, such as Nature (land) and labor, Hasmendi (2004). therefore factor productivity is a process in whicha productive factor produces or adds value to the output (goods and services)
How do you find power input with given power factor and power output?
Output Power divided by Power Factor.
The profit-maximizing level of output for this firm?
Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?
What is fill factor?
Fill factor is the ratio (or the difference) between the actual output of a solar cell or panel, and its theoretical output (which can be about 30%higher).
What is the marginal cost of the 8th unit of output?
it is the difference between the total cost of producing 8 units and 7 units of output.
How is the interpolation factor found?
The interpolation factor is simply the ratio of the output rate to the input
What is the output watts when generator producing 415volts at 800amps load?
415*800*pf
The most common type of device for producing hard copy output?
A monitor
Arterial blood pressure increases in response to?
Two of the main factors that influence blood pressure is cardiac output and blood volume. Another factor is the peripheral resistance.
What is the fead back factor in oscillator?
The feed back factor in the oscillator refers to the output which is usually sinusoidal.
What is an example of technological progress?
producing more output by revamping operation methods of the assembly line
