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Why is there a rising demand for water?
Increasing human population Urbanisation of the population Increasing human Agriculture Increasing use for Hydroelectric Increasing use in Industry.
Increasing opportunity cost graph?
There are many ways in which you can show increasing opportunity cost on a graph. You could show it in comparison to satisfaction for example.
In a firm where assets are the major cost how is profit maximized?
By increasing revenues or the cost of the assets.
If the law of increasing opportunity costs is reflected in a production possibilities curve which is?
production possibilities curve convex to the origin. Elson Mendoza was here.
What is the difference between constant opportunity cost and increasing opportunity cost?
Real cost is the price which is real not a fake price
Law of increasing opportunity costs reflected in a PPC is concave to the origin?
The Law of Increasing Opportunity Cost that is shown in a Production Possibilities Curve is concave to the origin. This is because it shows the maximum gain of two products used in production.
Why is there a rising demand for water?
Increasing human population Urbanisation of the population Increasing human Agriculture Increasing use for Hydroelectric Increasing use in Industry.
Why average cost increase when marginal cost is increasing?
Marginal cost = derivative of (Total cost/Quantity) Where Total cost = fixed cost + variable cost Marginal cost = derivative (Variable cost/Quantity) (by definition, fixed costs do not vary with quantity produced) Average cost = Total cost/Quantity The rate of change of average cost is equivalent to its derivative. Thus, AC' = derivative(Total cost/Quantity) => derivative (Variable cost/Quantity) = MC. So, when MC is increasing, AC' is increasing. That is, when marginal cost increases, the rate of change of average cost must increase, so average cost is always increasing when marginal cost is increasing.
Which totally revolutionized industry by increasing efficiency?
the factory system
Increasing opportunity cost graph?
There are many ways in which you can show increasing opportunity cost on a graph. You could show it in comparison to satisfaction for example.
How low cost airlines have effected aviation industry?
"How low cost airlines have effected aviation industry?"
What are the factors affecting food industry?
factors increasing production of a product in industries
How did the slave trade contribute to the rise of industry in Britain?
increasing the demand for goods
Low cost airlines affecting aviation industry?
give me the positive effcet of low cost airline of developing the aviation industry give me the positive effcet of low cost airline of developing the aviation industry
Select a cost in your industry that is a fixed cost and why is it considered to be a fixed cost?
rental
What a markup?
increasing the value of product cost price
In a firm where assets are the major cost how is profit maximized?
By increasing revenues or the cost of the assets.
