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What is the law of diminishing returns?
the law of diminishing returns states that as a set of variable factors is added to a set of fixed factor, the marginal product and average product will first increase then eventually decrease
Why law of diminishing returns and return to scale might use in understanding the output decisions of firms in different industries?
show with example that if the marginal product is always decreasing the average product is always above the marginal product?
Why marginal product curve intersect the average product curve at the maximum?
of average product.
What are increasing marginal returns?
ncreasing marginal returns mean that marginal product is greater for each subsequent unit of a variable input than it was for the previous unit. Decreasing marginal returns, as such, mean that marginal product is less for each subsequent unit of a variable input than it was for the previous unit.
Puerto Rico's main source of economy is?
Puerto Ricos main source of economy is Agriculture But the (GDP) Gross Domestic Product that brings in an average of $13.2 billion dollars a year which is about 39% of the (GDP)
What is the major product made in Puerto Rico?
Petrochemicals, pharmaceuticals and rum.
What is the law of diminishing returns?
the law of diminishing returns states that as a set of variable factors is added to a set of fixed factor, the marginal product and average product will first increase then eventually decrease
What is Puerto Rico's main product?
Petrochemicals, pharmaceuticals and rum.
What city is Millennium Pharmaceuticals based?
Millennium Pharmaceuticals is based in Cambridge, Massachusetts. The company markets Velcade for injection, a cancer product, and has a growing clinical development pipeline of product candidates.
Where can you buy Revival Soy?
Revival Soy can be purchased through online retailers such as Physicians Pharmaceuticals. Physicians Pharmaceuticals is the company that that created the product.
Why law of diminishing returns and return to scale might use in understanding the output decisions of firms in different industries?
show with example that if the marginal product is always decreasing the average product is always above the marginal product?
Who loses on product returns?
the manufactors
What actors and actresses appeared in Average Homeboy Returns - 2006?
The cast of Average Homeboy Returns - 2006 includes: Denny Hazen as Average Homeboy
Who thought of acetaminophen?
Acetaminophen (aka - tylenol) is a by-product of McNeil Pharmaceuticals, later to become Johnson & Johnson Company.
What is drug product?
drug products includes prescription and non-prescription,pharmaceuticals,disinfectants and sanitizers with disinfectant claims.
How do you learn about average stack market returns online?
There is a great variety of websites dealing with average stack market returns. The easiest way to learn about average stack market returns online is to use your best judgement.
When will the geometric average return exceed the arithmetic average return for a given set of returns?
Never. The geometric return is always lower than the arithmetic average returns unless the returns for the given set of data are all the same.
