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Is Energy consumption is a function of industrial production and increases with increasing per capita income?
Wiki User
∙ 10y ago
the is yes.....
Wiki User
∙ 10y ago
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The law of increasing costs means that when an economy increases the production of one item .?
what law of increasing costs means that when an economy increases the production of one item _____.
What does law of increasing opportunity cost express?
The law of increasing opportunity costs states that as production of a product increases, the cost to produce an additional unit of that product increases as well. This law is responsible for the bowed shape of the production possibilities curve. Because not all of our economy's resources are equally well-suited to the production of a single good, the increasing opportunity cost is present.
As disposable income increases what happens to consumption spending?
Consumption also increases as disposable income increases.
If a good is a normal good what will happen to its consumption as income increases?
The definition of a Normal Good is: a good that will increase in consumption as income increases and decrease in consumption as income decreases.
What is law of increasing opportunity cost?
The law of increasing opportunity costs states that as production of a product increases, the cost to produce an additional unit of that product increases as well. (Some resources are specialized to only effeciently produce one product so using those specialized resources on a different product is inefficient)
The law of increasing costs means that when an economy increases the production of one item .?
what law of increasing costs means that when an economy increases the production of one item _____.
Which describes an entrepreneur?
a businessperson increases production during the industrial revolution
Statement best defines the term time management?
Businessperson increases industrial production during the Industrial Revolution
If the economy is confident that there is increasing demand for increased levels of production what will be the impact on the investment?
investment increases.
What does law of increasing opportunity cost express?
The law of increasing opportunity costs states that as production of a product increases, the cost to produce an additional unit of that product increases as well. This law is responsible for the bowed shape of the production possibilities curve. Because not all of our economy's resources are equally well-suited to the production of a single good, the increasing opportunity cost is present.
As disposable income increases what happens to consumption spending?
Consumption also increases as disposable income increases.
If a good is a normal good what will happen to its consumption as income increases?
The definition of a Normal Good is: a good that will increase in consumption as income increases and decrease in consumption as income decreases.
Explain why a production possibilities curve is concave?
Because when one produces one product, the opportunity cost of the other product increases i.e. the concave represents the increasing opportunity cost with the production of a good.
How does oxygen consumption change when adding succinate to mitochondria?
oxygen consumption increases
What is the impact of increasing AHT?
Increasing AHT increases staffing requirements.
How does weight affects a car performance?
Increasing a vehicles weight will decrease it's acceleration, braking performance, cornering performance and life. It also increases the cars fuel consumption and tyre wear.
How does. Increasing the numerator of a fraction affect its size?
It increases it.
