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What war the 3 stages of production?
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
Can marginal revenue be negative in a perfect competition?
no
Difference between marginal efficiency of investment and marginal efficicency of capital?
MEC is the expected rate of return on capital and MEI is the expected rate of return on investment.
When total output is maximized marginal output is?
Negative
Is it possible for marginal utility to be negative in economic theory?
Yes, it is possible for marginal utility to be negative in economic theory. This occurs when consuming an additional unit of a good or service decreases overall satisfaction or utility.
What is negative return?
Negative marginal returns occurs when there are so many workers, that they get in each other's way and disrupt the production process, which then decreases their output.
When average product is highest Options Total product is maximum Marginal product is maximum Marginal product is zero Marginal product is negative?
Negative
What war the 3 stages of production?
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
Can marginal revenue be negative in a perfect competition?
no
Can marginal utility be negative?
Yes. Some objects and activities can generate negative marginal utility and lower total utility. For example, polluted air.
Difference between marginal efficiency of investment and marginal efficicency of capital?
MEC is the expected rate of return on capital and MEI is the expected rate of return on investment.
Is -5 marginal revenue positive negative or zero?
A wild guess is that it is negative.
When total output is maximized marginal output is?
Negative
How does marginal revenue and marginal utility relate to capital?
Marginal revenue/margina utility return from capital represents the benefit of capital. When determining the optimal amount of capital, we must take into account the point when marginal benefit = marginal cost. This optimises profit/utility.
Is it possible for marginal utility to be negative in economic theory?
Yes, it is possible for marginal utility to be negative in economic theory. This occurs when consuming an additional unit of a good or service decreases overall satisfaction or utility.
How does capital affect marginal return?
Capital affects marginal return by providing additional resources that can enhance productivity and efficiency. As more capital is invested in a production process, it can lead to greater output per unit of input, increasing the marginal return. However, the law of diminishing returns may apply; beyond a certain point, adding more capital may yield progressively smaller increases in output. Thus, the relationship between capital and marginal return is influenced by the balance between resource allocation and the efficiency of their use.
Relation between marginal efficiency of capital and marginal efficiency of investment?
MEC is the highest rate of return expected from an additional unit of capital stock over its cost. MEI is the expected rate of return from one additional unit of investmeni.
