Marginal returns - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Marginal returns? On this page you'll find 751 study documents about Marginal returns.
Page 3 out of 751 results
Sort by
-
Sport Finance Exam 1 Questions & Answers Already Passed!!
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
-
- $7.99
- + learn more
what is economics? - - the study of how people choose to allocate their scare resources 
- what and how choices are made 
- how the market system functions 
inflation - all costs of goods and services increase 
demand-pull inflation - incomes increase but supply remains constant 
cost-push inflation - production costs increase therefore costs increase 
recession - - slowdown in economic activity 
- 2 consecutive quarters of negative economic growth as measured by a country's GDP 
economies of s...
-
ULL ECON 528 – FINAL || QUESTIONS AND ANSWERS SOLVED 100% CORRECT!!!
- Exam (elaborations) • 31 pages • 2024
- Available in package deal
-
- $15.49
- + learn more
If, when a firm doubles all its inputs, its average cost of production decreases, then production displays 
A) diminishing returns. 
B) economies of scale. 
C) diseconomies of scale. 
D) declining fixed costs. correct answers B) economies of scale. 
 
The long-run average cost curve shows 
A) the lowest average cost of producing every level of output in the long run. 
B) where the most profitable level of output occurs. 
C) the average cost of producing where diminishing returns are not present....
-
AG PRAXIS STUDY GUIDE WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 79 pages • 2023
-
Available in package deal
-
- $17.99
- + learn more
Law of diminishing returns correct answersLaw of diminishing returns - used to refer to a point at which the level of profits or benefits gained is less than the amount of money or energy invested. 
 
Fixed costs correct answersbusiness expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as interest or rents being paid per month, and are often referred to as overhead costs. 
 
Variable costs correct answerscorporate expen...
-
Praxis Agriculture (5701) exam 2023 with 100% complete answers
- Exam (elaborations) • 61 pages • 2023
-
Available in package deal
-
- $17.49
- + learn more
supply and demand correct answersthe amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price. 
 
High supply and low demand correct answerslower prices 
 
Low supply and high demand correct answershigher prices 
 
law of diminishing returns correct answersrefers to a point at which the level of profits or benefits gained is less than the amount of money or energy invested. 
 
fixed costs correct answersCosts that do not var...
-
PUBH 3130 Final Test Questions with Correct Answers
- Exam (elaborations) • 12 pages • 2024
-
- $12.49
- + learn more
PUBH 3130 Final Test Questions with Correct Answers 
what are the various combination of health inputs that produce health status (at both individual and population levels) - Answer-- medical services 
- lifestyle (personal behaviors that affect health) 
- environment (ex: air, soil, water pollution) 
- biological makeup (age, sex, genetic predisposition) 
- income 
- education 
- housing 
- gov't programs (insurance & others) 
 
diminishing marginal returns - Answer-- a curve of health inputs...
Want to regain your expenses?
-
FINAL EXAM ECON 402 || WITH ACCURATE ANSWERS 100%.
- Exam (elaborations) • 8 pages • 2024
-
Available in package deal
-
- $11.09
- + learn more
characteristics of monopolistic competition include all of the following except correct answers identical products 
 
As the manager of a waterpark, you want to increase the number of tickets sold by 6%. Your staff economist has determined that the price elasticity of demand for waterpark tickets is 2. To increase sales by the desired amount, you should decrease price by correct answers 3% 
 
A production possibilities frontier shows correct answers all of the possible combinations of goods & se...
-
CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 54 pages • 2023
-
- $10.99
- 1x sold
- + learn more
CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers 
 
Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) 
 
Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ 
 
Larger ratio is better 
 
If (Rₜ) is risk free rate, then it becomes Sharpe Ratio 
 
Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ 
 
Larger ratio is better 
 
If (Rt) is higher than RFR, then it becomes Safety First Ratio 
 
Centra...
-
BIO 202 STRAIGHTERLINE CHAPTER 20 WITH 100- CORRECT ANSWERS
- Exam (elaborations) • 29 pages • 2024
- Available in package deal
-
- $14.49
- + learn more
the major functions of the heart: 
-generation of blood pressure 
-routing of the blood 
-ensuring one-way blood flow 
-regulation of the blood supply 
 
 
 
The adult heart is roughly the size of 
clenched fist 
an average mass of 250g in females, 300 g in males 
 
 
 
the rounded point of the heart is called 
the apex 
 
 
 
the larger, flat part of the heart is called 
the base 
 
 
 
The heart is located in the 
Mediastinum of the thoracic cavity 
 
 
 
Effective cardiopulmonary resuscitatio...
-
ECON 528 Final || QUESTIONS WITH 100% ACCURATE SOLUTIONS!!
- Exam (elaborations) • 15 pages • 2024
- Available in package deal
-
- $12.99
- + learn more
If, when a firm double all its inputs, its average cost of production decreases, then production displays correct answers economies of scale 
 
The long-run average cost curve shows correct answers the lowest average cost of producing every level of output in the long run 
 
All of the following statements are true of the minimum efficient scale except one. Which one? correct answers an increase in the output level will increase profit 
 
At the minimum efficient scale correct answers the firm h...
-
Test Bank For Basic Economics 14th Edition by Frank V. Mastrianna
- Exam (elaborations) • 136 pages • 2023
-
- $33.64
- + learn more
TEST BANK CHAPTER 3 The U.S. Economic System 
EXAMINATION QUESTIONS Multiple Choice 
d 1. Every society faces some basic economic choices such as 
b. private property rights interfere with the operation of the market system 
c. the market system functions best when the rights of private property are protected 
d. none of the above 
a. b. c. d. 
c 2. a. 
b. c. d. 
what to produce 
which resources to use 
who gets to have what share of the output all of the above 
An economic system is said to be ...
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching! Discover all about earning on Stuvia