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

Using alcohol or tobacco is an example of a(n) A. biological stressor. B. behavioral stressor. C. life change stressor. D. environmental stressor.
Euclid was an ancient Greek scholar who ...wrote a geometry textbook that was used for nearly 2,000 years. calculated the value of the infinite number known as
What three warring nations were involved with the signing of the Dayton Peace Accord?
my mom has 4 kids March, May and, June who is the 4th kid?
Which of the following describes the variable that responds to a change? Independent variable Dependent variable Control variable
A pair of shoes that regularly sells for $45 was discounted by 20% off. What is the sale price
2/5 of a number is 14. What's the number?
a cylinder has a radius of 5 cm and a height of 4cm find the volume
63 is 150% of what number
what is the moral of the hare and the many friends