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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 _____.


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.


Is Energy consumption is a function of industrial production and increases with increasing per capita income?

the is yes.....


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.


What is the relationship between the absorbance of tryptophan and its concentration in a given solution?

The relationship between the absorbance of tryptophan and its concentration in a solution is direct and proportional. As the concentration of tryptophan in the solution increases, the absorbance of light by the solution also increases. This relationship is described by the Beer-Lambert Law, which states that absorbance is directly proportional to concentration.


What does the law of increasing cost explain?

The law of increasing cost explains that as production increases, the opportunity cost of producing additional units of a good also increases. This is because resources are not equally efficient in producing all goods, and as more of one good is produced, resources are shifted from their most efficient use to less efficient uses.


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.


What is the impact of increasing AHT?

Increasing AHT increases staffing requirements.


How does. Increasing the numerator of a fraction affect its size?

It increases it.


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)


What is the name of the law that states that as we shift factors of production from making one good or service to another the cost of producing the second item increases?

the law of increasing costs


What is the name of the law that states that as we shift factors of production of making one good or service to another the cost of making the second item increases?

the law of increasing costs

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