"The law of diminishing returns is the same as the decreasing returns to scale." Do you agree? Explain.
举一反三
- It is possible to have decreasing marginal products for all inputs, and yet have increasing returns to scale.
- A firm will begin to experience diminishing returns at the point where:
- Will the covariance of returns for two common stocks be negative if the actual returns on both stocks tend to be: Above their expected returns Below their expected returns at the same time at the same time () A: No No B: No Yes C: Yes No
- Increasing returns to scale mains that the more you produce the lower<br/>the cost. (<br/>)
- The traditional view of the production process is that capital is subject to A: Constant returns. B: Increasing returns. C: Diminishing returns. D: Diminishing returns for low levels of capital, and increasing returns for high levels of capital.