Friday

October 24, 2014

October 24, 2014

Posted by **Anonymous** on Monday, July 12, 2010 at 11:54am.

- economics -
**Craig**, Monday, July 12, 2010 at 12:49pmThe smaller of the two factories will begin to see diminishing returns first. That is because they will have exhausted the capacity of the fixed factor of production(i.e. the factory) sooner. In other words, production will reach its maximum level because the factory only has the capacity for X output so returns will dwindle with each additional input of labor.

**Answer this Question**

**Related Questions**

economics - a firm has two factories, one twice as large as the second. as the ...

economics - A firm has two factories, one twice as large as the second. As the ...

History - Imagine you are one of the factory workers at Lowell Mills tasked with...

U.S History - Imagine you are one of the factory workers at Lowell Mills tasked ...

math - alright.. this is the linear programming question i got.. JJ ...

maths linear programming - alright.. this is the question i got.. JJ ...

Statistics - A company has two factories in which they manufacture engines. Once...

math / linear programming - Two factories manufacture 3 different grades of ...

math - A company has two factories that manufacture tires. Suppose 65% of the ...

statistics - the mean height of 25 male workers in a factory is 161 cm and the ...