It is possible to have decreasing marginal products for all inputs, and yet have increasing returns to scale.
举一反三
- "The law of diminishing returns is the same as the decreasing returns to scale." Do you agree? Explain.
- Which of the following is considered the easiest way to increase organizational productivity? A: increasing the price of outputs B: increasing the amount of inputs C: hiring more employees D: decreasing the value of the products
- The supply curve slopes upward when graphed against ________, because of ________. A: the price of the good; increasing marginal cost B: the price of the good; decreasing marginal cost C: income; increasing marginal cost D: income; decreasing marginal cost
- All possible means __________ been tired.Every possible means __________ been tired. A: have，has B: has，has C: have，have D: has，have
- Television and radio ______ to know what is going on all overThe world. A: made it possible of us B: have made us possible C: have made it possible for us D: have made it be possible for