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What is diminishing marginal productivity explain with example?
Wiki User
∙ 11y ago
the law diminishinf mean fixed cost and variable cost
Wiki User
∙ 11y ago
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Marginal productivity of labour and the demand for labour .?
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
How does the principle of diminishing marginal utility explain the slope of the demand curve?
The principle of diminishing marginal utility explains the slope of the demand curve by letting us be able to see which direction the slope is in, which is always downward.
What is Marginal productivity theory and explain its criticism?
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Explain difference between total and marginal utility. Define UTILITY. How do consumers maximize UTILITY?
explain the difference between total utility and marginal utility
Marginal revenue curve?
Explain why the marginal revenue(MR) is always less than the average revenue (AR)?
Explain the merits and demerits of law of diminishing marginal utility?
explain the demerits of diminishing marginal utility
Marginal productivity of labour and the demand for labour .?
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
How does the principle of diminishing marginal utility explain the slope of the demand curve?
The principle of diminishing marginal utility explains the slope of the demand curve by letting us be able to see which direction the slope is in, which is always downward.
What is Marginal productivity theory and explain its criticism?
i dnt knw it yaaaaaaaaaaar. agar mujy ata tou likh na deta?
Answer for November 2006 paper 4 economics a level?
Explain the Law of Diminishing Marginal Utility and discuss whether it supports the idea that higher incomes increase happiness?
What is this called when a buyer purchases a good each additional item type is less satisfying than the earlier one?
This is known as diminishing marginal utility. It is the principle that the satisfaction or utility derived from consuming each additional unit of a good decreases as more of it is consumed. This concept is a fundamental principle in economics and helps explain consumer behavior.
Explain difference between total and marginal utility. Define UTILITY. How do consumers maximize UTILITY?
explain the difference between total utility and marginal utility
Marginal revenue curve?
Explain why the marginal revenue(MR) is always less than the average revenue (AR)?
Bcom 1st year economics important questions?
ECONOMICS (BC - 303)IMPORTANT QUESTIONS FOR B. COM. PART 1(Secession 2010 - 11)By: Ahsan Khan (Lecturer) (0300-8046243) ahsankhaneco@yahoo.comSR. #QUESTIONSPAGE #01Explain the Law of Diminishing Marginal utility with the help of schedule and diagram.2702Explain the Consumer's Equilibrium through Indifference Curve Analysis.4603Define Elasticity of Demand. How it can be measured?6504Explain the law of Variable proportion with the help of Schedule and Diagram.10505What is monopoly? How is price and output determined under monopoly?14506Discuss in detail the Liquidity Preference Theory of Interest?16507Define National Income and explain various methods of its Measurement?18208Cost of Production and Partial Derivatives from Mathematical Economics.230,25509Explain the Law of Equi. Marginal Utility with the help of Schedule and Diagram?3110What is Indifference Curve? Discuss the Major Properties?3911What are the Various Types of Elasticity of Demand? Explain with mathematical examples.7012Explain the Law of Diminishing (marginal) Return with the help of Schedule and Diagram?10813Explain and Illustrate the Cost Curves of the firm in the Short Run and Long Run?12714Define Monopolistic Competition. How Price and Output is Determined under Monopolistic Competition?15015Define Perfect competition. How Price and Output is Determined Under Monopoly?13916Explain the Marginal Productivity Theory with its Criticism?16317Critically Examine the Ricardian Theory of Rent?16918Define National Income and Discuss the Various Concepts of National Income?17919Discuss Various Types and Canons of Taxation?202,20520Differentiate between Zakat and Tax? Also discuss the impact of Zakat.219,222Recommended Book:Economics 6th Edition (2011-12)By: Ahsan Khan
Explain how the diminishing returns influences the shape of the variable cost and total cost curves?
how diminishing returns influences the shapes of the variable-cost and total-cost curves
What is the productivity of a guava?
It's a fruit that people eat. Explain why you think it should have "productivity" ( which means 'The quality of being productive.' )
Explain with examples why labor productivity may vary between different countries?
You have to: 1. explain the meaning of Productivity (2 marks) 2. show an understanding of the influences on productivity (3 marks) 3. give an explanation of some examples ( 3 marks) That shall give you your 8 marks! Enjoy :)
