Three stages of Short-run law:
The behavior of the output whenever the differing quantity of one factor is joined with a fixed quantity of the other and can be classified into three phases. They are:
(i) Increasing returns stage(ii) Decreasing returns stage(iii) Negative returns stage
The three phases could be better understood by the table and figure shown below:
Table: Stages of Law of Variable Proportions
Figure: Law of Variable Proportions
Stage I: Stage of increasing returns:
Stage I finishes where the average product arrives its highest (i.e., maximum) point. During this phase, the total product, the average product and the marginal product are rising. It is notable that the marginal product in this phase increases however in a later portion it begins declining. However marginal product begins declining, it is bigger than the average product, and therefore the average product continues to increase.Stage II: Stage of decreasing returns:
Stage II finishes at the point where the marginal product is zero. In second phase, the net product continues to rise however at a diminishing rate. The marginal and average products are declining but are positive. At the end of second phase, the net product is maximum and the marginal product is zero.Stage III: Stage of negative returns:
In this phase the marginal product becomes negative. The net product and the average product are refusing.
Latest technology based Economics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Production help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Production, project ideas and tutorials. We provide email based Production help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Production. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Production. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
just as the beam scans the target plate, the beam encounters dissimilar positive potentials on the side of the photo layer which faces the gun.
adhesives tutorial all along with the key concepts of types of adhesives, natural adhesives, synthetic adhesives, production of adhesives, water-based adhesives, hot-melt adhesives, vegetable-based adhesives, solvent-based adhesives, reactive adhesives, sealants, uses of adhesives
tutorsglobe.com passive absorption assignment help-homework help by online theories of translocation tutors
TutorsGlobe.com Alkanols-Classification-sources-uses of Alkanols Assignment Help-Homework Help by Online Access Chemistry Tutors
tutorsglobe.com electric kettle assignment help-homework help by online water heaters tutors
tutorsglobe.com pancreas assignment help-homework help by online co-ordination systems tutors
GAAP consider to accounting policies and procedures that are extensively used in practice. Not like India in which accounting has its basis in law, US GAAP has included to be a collection of pronouncements issued through a specific accounting organization.
accounting is regarded along with communicating, analysing and collecting financial information. the reason is to assist people who use this information to make more right decisions.
Phylum Mollusca tutorial all along with the key concepts of Characteristic of Phylum Mollusca, Categorization of Phylum Mollusca, Snails and Adaptation of Gastropoda
Grab the opportunity to get your paper drafted by qualified tutors of Plant Diversity Assignment Help at affordable prices and score A++
www.tutorsglobe.com offers substitution by metals homework help, substitution by metals assignment help, online tutoring assistance, organic chemistry solutions by online qualified tutor's help.
tutorsglobe.com antibiotics assignment help-homework help by online anton van leeuwenhoek microscopes tutors
Theory and lecture notes of Least Squares Fitting-Noisy Data all along with the key concepts of functions and data, Traffic flow model, Linear least squares, Drag coefficients. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Least Squares Fitting-Noisy Data.
It is a unique kind of superhet receiver that receives code words. For that aim, it consists of Beat Frequency Oscillator.
tutorsglobe.com sex distribution assignment help-homework help by online description of a flower tutors
1938807
Questions Asked
3689
Tutors
1474586
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!