A. For what value of q is the total revenue growing fastest? B. Complete the following sentence: the total revenue is growing fastest when... C. At what value of q does the total revenue reach the point of diminishing returns? For B the answer choices are the second screenshot

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A: The law of marginal returns indicates that when the firm uses more of the same variable input to…

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Q: Explain the law of diminishing returns.asap

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A: Let’s assume that the money needed to invest is $100.Rate of return is 6%.Now, suppose the borrowing…

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A: Answer -

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A: We will solve the first question only. Please resubmit the others in case you want them to be…

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Q: Explain using diagrams, the law of diminishing returns

A: The rule of diminishing marginal returns is an economic theory that states that once an optimal…

Q: 7. A company that sells toys models their profit with the function P(x) = -4x + 32x? -64. Their…

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A: Total cost is the cost that includes variable as well as a fixed cost of the production process.

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A: Law of diminishing return says that as we go in using more and more of a single good the return that…

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A: Law of diminishing returns also known as law of variable proportion

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Q: Explain the law of diminishing returns. Asap

A: Meaning of Production Function: The term production function refers to the situation under which a…

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A: All the parts have been solved below.

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Q: Q 60. Which of the following has another important implication of the law of diminishing returns?…

A: The rule of declining marginal returns is an economic theory that states that once an optimal level…

Q: Explain the law of diminishing returns.

A: In economics, various laws and theory are used to explains specific market activity. These laws arr…

Q: Question attahed in image

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

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A: Here, it is given that a company "XYZ" manufactures shoes at a cost of $12 per unit.

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Q: Explain the idea behind diminishing marginal returns and give a real-life example.

A: Diminishing Marginal Returns happen while expanding one unit of creation, while holding different…