--%>
Assignment Help - homework help

Requirements for Food production

I have a problem in economics on Diminishing Returns. Please help me in the following question. In a completely employed food-and-clothing economy, equivalent successive raises in food production will ultimately need successively: (i) Larger increases in the clothing production. (ii) Smaller reductions in the clothing production. (iii) Bigger reductions in the clothing production. (iv) Smaller rises in the clothing production.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Managerial Economics

  • Q : Techniques of economic forecasting

    Illustrates the techniques of economic forecasting in briefly?

    		•
  • Q : Very high fixed costs in contestable

    A market is improbable to be contestable when entry needs new firms to incur very high: (w) variable costs. (x) fixed costs. (y) principal-agent problems. (z) marginal costs. I need a good answer on the topic of Economics <

    		•
  • Q : Illustrates the different kinds of

    Illustrates the different kinds of Demand?

    		•
  • Q : Elasticity of supply of labor by

    If the wage rate increases from $10 per hour to $25 per hour, then the elasticity of the supply of labor from this worker is roughly: (1) zero. (2) 7/15. (3) one. (4) minus 8/15.

    Q : Forecasting demand what are the

    what are the criteria for good forecasting

    		•
  • Q : Illustrates the term Advertisement

    Illustrates the term Advertisement Elasticity of Demand?

    		•
  • Q : Explain the modern definition of

    Explain the modern definition of economics?

    		•
  • Q : Income effect of a wage increasing When

    When the income effect of a wage increase is more powerful in that case the substitution effect, the: (1) labor supply curve will be “backward bending.” (2) unemployment rate will rise since more people will be available for work. (3) valu

    		•
  • Q : Marginal revenue product and marginal

    When the marginal revenue product of the last worker hired through a large firm is fewer than its marginal resource cost, in that case the firm: (i) increases profits if this lies off a few workers. (ii) operates in a region of decrea

    		•
  • Q : Accurate ranking in most elastic labor

    When we try to list labor supplies from least elastic to most elastic, in that case the most accurate ranking would most likely be: (1) competitive firm, minute industry, highly skilled occupation. (2) economy, skilled occupation, competitive firm wit

    		•