ECO 365 Week 2 DQ 3 NEW
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Diminishing marginal productivity is the idea that the more inputs that you increase, at some point the output will begin to decrease. As a producer, you have to know the right amount of inputs in order to get efficient output. You can keep adding people to a problem or people to a your production line but your outputs may not increase. It happens in real life. You have to find the right balance.
What are real life examples of this concept? Have you experienced this at your current employer?
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http://www.assignmentcloud.com
ECO 365 Week 2 DQ 3 NEW
Check this A+ tutorial guideline at
http://www.assignmentcloud.com/uop-eco-365-new/eco-365-week-2-dq-3-new
Diminishing marginal productivity is the idea that the more inputs that you increase, at some point the output will begin to decrease. As a producer, you have to know the right amount of inputs in order to get efficient output. You can keep adding people to a problem or people to a your production line but your outputs may not increase. It happens in real life. You have to find the right balance.
What are real life examples of this concept? Have you experienced this at your current employer?
For more classes visit
http://www.assignmentcloud.com
ECO 365 Week 2 DQ 3 NEW
Check this A+ tutorial guideline at
http://www.assignmentcloud.com/uop-eco-365-new/eco-365-week-2-dq-3-new
Diminishing marginal productivity is the idea that the more inputs that you increase, at some point the output will begin to decrease. As a producer, you have to know the right amount of inputs in order to get efficient output. You can keep adding people to a problem or people to a your production line but your outputs may not increase. It happens in real life. You have to find the right balance.
What are real life examples of...