Explain the law of diminishing returns

Assignment Help Other Subject
Reference no: EM13799591

Explain the law of diminishing returns in your own words.

Give two examples that illustrate the principle.

One should be related to consumption and the other should focus on production.

Reference no: EM13799591

Questions Cloud

Problems baased on continuous probability distributions : What conclusion would you reach if the significance level was .10? .05? .01?
Formation of town from families : What is the average size of a city in the country?
Does your organization conduct background check : Does your organization conduct background checks - and to what levels - and why do they do that? If they don't, should they, and how extensive should they be? What should be included?
Prepare a security vulnerability assessment : Various tools and techniques available to the security professional in order to prepare a security vulnerability assessment.
Explain the law of diminishing returns : Explain the law of diminishing returns in your own words - One should be related to consumption and the other should focus on production.
Find the contribution margin per haircut : Find the contribution margin per haircut. Assume that the barbers' compensation is a fixed cost - Determine the annual break-even point, in number of haircuts
Why did the great depression last so long : Which were the main causes of the Great Depression - why did the Great Depression last so long?
Was the velocity of the cart constant : Was the velocity of the cart constant? If so, what was its value and over how big a region was it constant? Explain how you can tell
Define the four market structures : Define the four market structures - Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon.

Reviews

Write a Review

Other Subject Questions & Answers

  Observational method

Explain with 150 words How does the case study method differ from the observational method?

  Is opinion protected by the first amendment

Two disc jockeys at WPYX-FM radio in Albany, New York, were sued for intentional infliction of emotional distress by Annette Esposito-Hilder, who was identified on the air by the two disc jockeys as the  "winner" of the "ugliest bride" contest. The t..

  Describe naturally-occurring food

Describe a naturally-occurring food that could be used as a PRE-, DURING-, and POST- training (or competition) nutritional aid to endurance athletes whose goal is optimal performance.

  Explain the qualities of a satisfying work experience

What, if anything, do these jobs have in common? What do you think are the qualities of a satisfying work experience?

  Dscribe the scenario you are using as the basis for this

the purpose of this assignment is for you to think about personal power type and how it can influence our ability to

  Alzheimer disease relating to age of course

We all know that Alzheimer's disease is relate to age of course, but what is that relationship and is there an explanation for it?

  What does the user need and want from a new system

"What does the user need and want from a new system?" The requirements analysis phase is critical to the success of any new information system! In this milestone we need to identify what information systems requirements need to be defined from the sy..

  Freud is to the concept of penis envy as horney

Freud is to the concept of penis envy as Horney is to the concept of

  Environment is component of international business

The legal environment is a component of  international business. What types of laws regulate international corporations? How do the differences in laws and regulations in different countries affect international corporations? Provide some examples.

  In preventing a brave new world

In "Preventing a Brave New World"  Leon Kass concludes that reproductive and therapeutic cloning of human embryos is unethical. What are the exact steps in Kass's argument for this conclusion? What is your assessment of the strengths and weaknesses o..

  Describe some of myths and realities of puberty

Describe some of the myths and realities of puberty. Explain the psychological and social issues a person may face during the transition to puberty. Define adolescence from the psychological, and social or emotional perspectives.

  Fundamentalist vs. social gospel approach to christianity

What relationship does the nation of Israel have to Jewish identity and faith? Compare and contrast the views of a fundamentalist vs. a social gospel approach to Christianity.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd