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An example of a fixed resource is a factory building. Once constructed, the factory's physical presence and capacity remain constant, irrespective of the level of production or the number of workers employed. Other examples include machinery, equipment, and land, which do not change in quantity with variations in output.
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Example of the law of diminishing marginal productivity?
The law of diminishing marginal product states that as a firm uses more of a variable resource with a fixed resource and fixed technology, the marginal product of the variable resource will fall. From related site.
What is an example of a resource?
An example of a flow resource is wind or sunlight
What are the example of fixed joints?
An example of a fixed joint is the skull
What resource is water an example of?
A natural resource.
Is the cost of a new factory an example of a fixed cost?
yes it is an example of fixed cost
What is an example of a primary resource?
Some example of primary resources are newspapers, journal entries, and letters.
Is land an example of an economic resource?
definition of land resource
What is a substainable resource?
A sustainable resource is a resource that is constantly renewed. For example water would be a renewable resource because of the water cycle.
What is resource pollution?
Resource pollution means contaminating a given resource. Contamination of water can be considered as a good example of resource pollution.
What is an non example of non renewable resource?
An example of a non-renewable resource is coal, because when you burn it it is finished. A non-example of a non-renewable resource is solar power, because you can use it (to generate electricity) and it is still there to be used again.
What is a example of resourceful?
An example of a flow resource is wind or sunlight
What is a example for a natural resource?
Trees
