What is the name of the law that states that as we shift factors of production from making one good or service to another, the most of producing the second item increases?
A. the law of decreasing costs
B. the law of increasing costs
C. the law of efficient production
D. the law of effective production
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the name of the law that states that as we shift factors of production from making one good or service to another, the most of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
16) David owns a commercial building with a replacement cost of $4 million. The building is insured on a replacement cost basis for $2.4 million under a fire insurance policy that has an 80 percent coinsurance clause.
Answers (1)
Money owed Question 3 options: Assets Audit Liabilities Capital
Answers (1)
Gabriella and Juanita form Luster Corporation. Gabriella transfers cash of $50,000 for 50 shares of stock, while Juanita transfers information concerning a proprietary process (basis of zero and fair market value of $50,000) for 50 shares of stock a.
Answers (1)
These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Account Title Debit Credit Rent earned 93,000 Salaries expense 41,292 Insurance expense 5,859 Office supplies expense 13,671 Bike repair expense 2,883
Answers (1)
The roles of money Larry just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down payment. He's deciding between a Super and a Duper. The Super is priced at $23,599, and the Duper is priced at $18,999.
Answers (1)
New Questions in Business
On September 1, 2021, Daylight Donuts signed a $188,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on March 1, 2022.
Answers (1)
When the Central Bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is A) following an expansionary monetary policy. B) following a contractionary monetary policy.
Answers (1)
Which types of food items have labor "built in" to their prices? a. make or buy items b. convenience items c. scratch items d. standard items?
Answers (2)
This is a type of individual retirement account that is usually not taxed when money is withdrawn from the account
Answers (1)
Last year, Goran had $30,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year.
Answers (1)