Yalmar6234 Yalmar6234
  • 24-10-2017
  • Business
contestada

The efficiency frontier has a convex shape because of

Respuesta :

W0lf93
W0lf93 W0lf93
  • 04-11-2017
This is due to diminishing returns on inputs. When a person creates something from inputs, the rate increases quickly at first, but will tend to level off because production will become inefficient after a certain level of inputs have been used.
Answer Link

Otras preguntas

solve euation by using the quadratic formula x^2 + 2x-35=0 please show work. need this ASAP
Use the Remainder Theorem to determine if (x-2) is a factor of . f(x)=x^4-2x^3+3x^2-10x+3
About 63 percent of the Korean fishing industry today is ________ fishing.
Anna has gone to see a clinical psychologist for help. the most important factor to consider when making a clinical diagnosis of anna's problem will be: anna's
need the answer asap The cost to produce a product is modeled by the function f(x) = 5x2 − 70x + 258 where x is the number of products produced. Complete the s
Why did the u.s. support the cancellation of vietnam's unifying election?
How many 256x8 roms are needed to make a 4096x8 rom and what kind of decoder should be used? (use only 256x8 roms)?
Preguntas de la meiosis
Which element allowed britain to become a great power during the 18th century?
Nellie has just discovered that she is pregnant. she is a smoker and knows she should quit because nicotine is especially harmful to the fetus during the ______