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Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
The firm would want to avoid Region 3 because total product or quantity would be declining rather than increasing with additional input:
There is [...] that additional [...]
There is [...] that additional [...]
Answer
so little capital per unit of labor
laborers would possibly “get in each other’s way”.
laborers would possibly “get in each other’s way”.
Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
The firm would want to avoid Region 3 because total product or quantity would be declining rather than increasing with additional input:
There is [...] that additional [...]
There is [...] that additional [...]
Answer
?
Tags
#cfa-level-1 #economics #has-images #microeconomics #reading-15-demand-and-supply-analysis-the-firm #section-3-analysis-of-revenue-costs-and-profit #study-session-4
Question
The firm would want to avoid Region 3 because total product or quantity would be declining rather than increasing with additional input:
There is [...] that additional [...]
There is [...] that additional [...]
Answer
so little capital per unit of labor
laborers would possibly “get in each other’s way”.
laborers would possibly “get in each other’s way”.
If you want to change selection, open original toplevel document below and click on "Move attachment"
The firm would want to avoid Region 3 because total product or quantity would be declining rather than increasing with additional input: There is so little capital per unit of labor that additional laborers would possibly “get in each other’s way”.
rate, typically because specialization allows laborers to become increasingly productive. In Region 2, however, (L 1 – L 2 ), TP is increasing at a decreasing rate because capital is fixed, and labor experiences diminishing marginal returns. <span>The firm would want to avoid Region 3 if at all possible because total product or quantity would be declining rather than increasing with additional input: There is so little capital per unit of labor that additional laborers would possibly “get in each other’s way”. Point A is where TP is maximized. <span><body><html>
Parent (intermediate) annotation
Open itThe firm would want to avoid Region 3 because total product or quantity would be declining rather than increasing with additional input: There is so little capital per unit of labor that additional laborers would possibly “get in each other’s way”.
Original toplevel document
Open itrate, typically because specialization allows laborers to become increasingly productive. In Region 2, however, (L 1 – L 2 ), TP is increasing at a decreasing rate because capital is fixed, and labor experiences diminishing marginal returns. <span>The firm would want to avoid Region 3 if at all possible because total product or quantity would be declining rather than increasing with additional input: There is so little capital per unit of labor that additional laborers would possibly “get in each other’s way”. Point A is where TP is maximized. <span><body><html>
Summary
| status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
|---|---|---|---|---|---|---|---|
| repetition number in this series | 0 | memorised on | scheduled repetition | ||||
| scheduled repetition interval | last repetition or drill |
Details
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