subject
Business, 13.02.2020 07:26 SebiZ3240

Select the correct answer. A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon? A. economic order quantity (EOQ) B. law of diminishing returns C. economy of scale D. labor productivity E. production control

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:20
Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president
Answers: 1
question
Business, 21.06.2019 22:30
True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.
Answers: 3
question
Business, 22.06.2019 04:40
Who has summer school : ( because i do : (
Answers: 1
question
Business, 22.06.2019 13:40
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
You know the right answer?
Select the correct answer. A farmer uses one pound of fertilizer to grow crops on his land. He decid...
Questions
question
Mathematics, 30.08.2019 02:00
question
Business, 30.08.2019 02:00
question
Social Studies, 30.08.2019 02:00
Questions on the website: 13722363