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8 May, 07:42

During which phase in the process must a firm allocate its factors of production?

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  1. 8 May, 07:56
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    In economics, the three stages of production are increasing average product production, decreasing marginal returns and negative marginal returns. It would be during the first stage that a firm must allocate its factors of production. Hope this answers the question.
  2. 8 May, 08:10
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    Hello there.

    During which phase in the process must a firm allocate its factors of production?

    increasing average product production
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