--%>

Expanding the Diminishing Returns

Can someone help me in finding out the right answer from the given options. The law of diminishing returns refers to the rising: (1) Complexities encountered in expanding any activity continually. (2) Reductions in the costs from expanding big scale production. (3) Knowledge regarding technology which takes place as time passes. (4) Rates of utilization of the natural resources.

   Related Questions in Econometrics

  • Q : Substantial unemployed capacity Lyndon

    Lyndon Johnson's assurances in the year 1964 that the U.S. could fight the Vietnam War devoid of decreasing civilian living standards or government social programs would be valid merely when our economy began from the position: (1) Of complete employment. (2) With sub

  • Q : Division of Labor I have a problem in

    I have a problem in economics on Division of Labor. Please help me in determining the right answer from the following question. Shannon brewing an espresso drinks whereas Kelly bakes the croissants at their coffee shop are an illustration of: (i) Comp

  • Q : Allocative Mechanisms of market system

    Though all economies are mixed, the allocative mechanism relatively gaining more dominant utilization in most nations all over the globe throughout recent decades is: (1) Queuing. (2) The government. (3) Tradition. (4) Arbitrary selection. (5) The market system.

  • Q : Problem on relative household incomes

    The most complex concepts to exemplify with a graph of a production possibilities frontier would be: (1) Associative prices and opportunity costs. (2) Productive inadequacy and unemployment. (3) Scarcity and choices. (4) Diminishing returns. (e) Assoc

  • Q : Outputs of goods for civilian Raising

    Raising the output of goods for military utilization: (i) Is not possible in a completely employed economy. (ii) Always needs reducing the output of the civilian goods. (iii) Decreases the outputs of goods for civilian utilization in a completely employed economy. (iv

  • Q : Problem regarding Production

    Can someone help me in finding out the right answer from the given options. Limits to what a society can make all through given periods are recognized by: (1) Production possibilities frontiers. (2) Social outcomes about “what?”, “how?” and &ld

  • Q : Use of production resources Arbitrary

    Arbitrary selection, tradition and queuing are all probable to consequence in: (1) greater fairness that takes place beneath laissez-faire capitalism. (2) Low levels of production as resources are inefficiently employed. (3) The socialist revolution a

  • Q : Influence of saving in Economic Growth

    Can someone help me in finding out the right answer from the following options. As the time passes, the production possibilities frontier will enlarge: (1) Proportionally if population growth accelerates. (2) Rapid the more people invest and save. (3)

  • Q : Symptom of inefficiency I have a

    I have a problem in economics on Symptom of inefficiency. Please help me in the following question. Operating within a society's production possibilities frontier is the: (1) Method to build reserves to stimulate the investment and growth. (2) Outcome

  • Q : Parallel outward shift of production

    The parallel outward shift of the whole production possibility frontier signifies that: (i) Unemployment have been removed. (ii) The resources are more efficiently employed. (iii) An economy can generate more of one good. (iv) An economy can generate