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What else can I help you with?
Do diminishing returns necessarily mean economic inefficiency?
No, diminishing returns do not necessarily mean economic inefficiency. By contrast, diminishing returns usually create a condition where a marginal benefit = marginal cost condition is achieved and results in a stable, non-infinite equilibrium. It would be inefficient to produce over or under this equilibrium, but the nature of production functions do not ensure inefficiency.
What is diminishing marginal productivity explain with example?
the law diminishinf mean fixed cost and variable cost
If marginal utility is positive but diminishing then?
Total utility increases at a diminishing rate
What are deminishing returns?
Diminishing returns mean that as you put more and more into production, the less output you get out of each additional input.
Criticism of law of diminishing marginal utility?
the criticisma of the law of diminishing marginal utility
Why does low of diminishing operate?
Get the question right. Then you might get a sensible answer. Do you mean "Law of Diminishing Returns"? To answer this you need to state the context.
What does diminishing profit mean?
Diminishing profit means, Additional increase in something such asprofits or benefits that does rise in proportion to the addditional effort or investment necessary to produce them, that is increases not proportional to addition investment.
Do diminishing returns necessarily mean economic inefficiency?
No, diminishing returns do not necessarily mean economic inefficiency. By contrast, diminishing returns usually create a condition where a marginal benefit = marginal cost condition is achieved and results in a stable, non-infinite equilibrium. It would be inefficient to produce over or under this equilibrium, but the nature of production functions do not ensure inefficiency.
What is diminishing marginal productivity explain with example?
the law diminishinf mean fixed cost and variable cost
What is a diminishing relationship?
a diminishing relationship is a relationship that is fading away slowly....
What is the opposite of diminishing joy?
Increasing Misery is the opposite of 'Diminishing Joy'
If marginal utility is positive but diminishing then?
Total utility increases at a diminishing rate
When was Diminishing Between Worlds created?
Diminishing Between Worlds was created in 2007.
What are returns?
Diminishing returns mean that as you put more and more into production, the less output you get out of each additional input.
How we can convert diminishing rate to flat rate?
diminishing rate / 1.85 = flat rate
How do you use ever-diminishing in a sentence?
The world's nonrenewable resource reserves are ever diminishing.
Criticism of law of diminishing marginal utility?
the criticisma of the law of diminishing marginal utility
