User Account

All Pages

Illustrate the difference among the law of diminishing

Assignment Help Macroeconomics
Reference no: EM1326769

Law of diminishing marginal returns and the law of diminish

Explain the difference between the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution?
Can you help me find some examples to prove the difference?

 

 

Reference no: EM1326769

Questions Cloud

Developing effective learning process from leadership : In your opinion, what are the most critical areas for leadership within the organization to concentrate on in developing effective learning processes?
The organization have considered situations : The organization have considered situations of just shifting the spending power among the competing sectors. Does anyone have any thoughts.
Specifying the issue, rule, application and conclusion : Metromedia, INC, a company that is in the business of leasing commercial billboards to advertisers, sued the city of San Diego, alleging that the zoning ordinance is unconstitutional. Is it?
Identify current strengths and weaknesses in the firm : Each weakness must be addressed in the action plan. I might select any firm with which I'm associated with (I don't have any), or any other firm that will cooperate in providing necessary information to complete this project.
Illustrate the difference among the law of diminishing : Illustrate the difference among the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.
Explaining the negligence, assault and battery : Create a fact situation to illustrate the tort of negligence.
What is autonomic relational database management system : In regards to Autonomic RDBMS, is it important to utilize a user-centered design (UCD) approach when designing a database for a small to medium size company. Why or why not.
Importance of delegation as a leadership tool : In your own words, discuss the importance of delegation as a leadership tool.
Ceo pay appears to be on the rise again : CEO pay appears to be on the rise again. Also executive pay in the US is about 20 times higher than it is in European countries.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Fiscal stimulus and multiplier effect

If the desired fiscal stimulus is $20 billion and the desired AD increase is $50 billion, we can conclude that the MPC is:

  Expansionary monetary policy-ad and as model

Explain how the Central Bank can set the nominal interest rate in the money market.  In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.

  Us airline industry- legacy carriers and low cost carriers

U.S. industry responded to the undeserved domestic leisure travel market that existed in the early 1900s with a second wave of low cost carriers (LLCs)

  Expenditure on education from macro perspective

How might there be increase in total spending on a child's education in response to providing a fixed level of education?

  Calculate unemployment rates-number of employed

Compute the employment rate (i.e., number employed: population) in each year? How can employment rate may go up or down in the unemployment rate stays the same? How can employment rate go up if unemployment rate also goes up?

  Economies of scale of three large size firms

Discuss the likely sources of the economies of scale that underlie the large size of these firms. [Note: the stocks of private firms are not traded on public stock exchanges

  Changes on monetary base

Calculate the effect of the following events on the monetary base:

  Explanation of how removing subsidy

Using the tools of analysis developed in this course, demonstrate that removing the subsidy will make consumers worse off but will nevertheless improve society economic welfare.

  Impact of expansionary monetary policy in case of liquidity

Describe and graph (using AD/AS framework) an example in today's news of fine tuning economy. Assume the MPC in an economy is 0.8, the APC is 0.8 and disposable income is $9 billion. If disposable income increases to $14 billion, what is the new le..

  Mr curves for european and american markets

In the text we mentioned how Levi Strauss price discriminates between the European and American markets. This question is designed to help you analyze this situation.

  Describe the inefficiency and externalities

Efficiency and sustainability are management goals with respect to renewable resources.  As Field explains, biological and economic considerations are typically blended in determining the efficient allocation of these resources.

  Factors of increasing cost in healthcare sector

Find out an article which is related to health economics from health journal. Some possible sources include Health Affairs

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd