One-tenth of the participants produce over one-third of the output. Increasing the number of participants merely reduces
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (7 reviews)
Yes increasing the number of participants merely reduces ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
Question Posted:
Students also viewed these Economics questions
-
If a firm has diminishing returns to labor over some range of output, it cannot have economies of scale over that range. True or false? Explain briefly.
-
The law of diminishing marginal utility is consistent with the fact that people trade. Do you agree or disagree. Explain your answer.
-
True or False: If a law were passed requiring all cars sold in the United States to get at least 40 miles per gallon of gasoline, then Americans would surely use less gasoline.
-
In Exercises sketch the graph of an arbitrary function that satisfies the given condition but does not satisfy the conditions of the Mean Value Theorem on the interval [-5, 5]. is continuous on...
-
What is reproductive cloning? Are identical twins in humans considered to be clones? With regard to agricultural species, what are some potential advantages to reproductive cloning?
-
You wish to make a round trip from Earth in a spaceship, traveling at constant speed in a straight line for exactly 6 months (as you measure the time interval) and then returning at the same constant...
-
Consider two independent, identically distributed random variables \(\Theta_{1}\) and \(\Theta_{2}\), each of which obeys a probability density function \[ p_{\Theta}(\theta)=\left\{\begin{array}{cc}...
-
Consider a liquid flow system consisting of a sealed tank with noncondensible gas above the liquid as shown in Figure. Derive an unsteady-state model relating the liquid Level h to the input flow...
-
Write a javascript program to display the grade of a student 1) Text 1-Student Name 2) Text 2-Student Id 3) Text 3 - Mark 4) Button - When you click the button display the grade in Paragraph (apply...
-
A company believes that its demand for the next six months is as follows: The output per worker per month is 40 units. The per worker hiring and lay off costs are $2000 and $3000, respectively. There...
-
Does optimal use of an input (such as labor) mean maximizing average output (per unit of input)? Explain.
-
Consider the production function Q = 10L -.5L2 + 24K - K2 for L and K in the range 0 to 10 units. Does this production function exhibit diminishing returns to each input? Does it exhibit decreasing...
-
Lowes Companies, Inc. (LOW) and its subsidiaries operate as a home improvement retailer in the United States and Canada. As of February 1, 2008, it operated 1,534 stores in 50 states and Canada. The...
-
1. What guidance does ISO 9000 provide for developing and implementing a quality management system? 2. What is meant by alignment? Of what importance is it to a creative organization? 3. What...
-
An engine absorbs 1 . 6 8 1 . 6 8 kJ from a hot reservoir at 2 7 7 2 7 7 0 C and expels 1 . 1 8 1 . 1 8 kJ to a cold reservoir at 2 7 2 7 0 C in each cycle. ( ( a ) ) What is the engine's...
-
2. Oxford Breeze School is gearing up to start their new session. Just like other grammar schools, they too provide goodie bags to their students. To source the bags, they have asked for quotations...
-
A gas increases in pressure from 2 . 0 0 2 . 0 0 atm to 6 . 0 0 6 . 0 0 atm at a constant volume of 1 . 0 0 1 . 0 0 m 3 3 and then expands at constant pressure to a volume of 3 . 0 0 3 . 0 0 m before...
-
Suppose that a wave travels at 2 9 cm / s on a string that is 1 4 cm long, and whose mass is 1 7 7 g . Calculate the tension force in the string ( in N ) .
-
Use Eq. (12) to find N at the point indicated.
-
Integration is a vital concept when applied in one?s life. Integrating your life means making ideal choices. Perfect choices on the other go in line with quality decisions. Quality decisions lead to...
-
Explain how one might measure the value of statistical life.
-
Del Monte has a long and rich tradition in the American food processing industry. It is perhaps best known for packaging canned fruits and vegetables. Part of its success has involved acquiring other...
-
In January 2007, XM enjoyed about 58 percent of satellite radio subscribers, and Sirius had the remaining 42 percent. Both firms were suffering losses, despite their dominance in the satellite radio...
-
Recently, the Federal Communications Commission (FCC) implemented local number portability rules allowing cellular phone consumers to switch cellular providers within the same geographic area and...
-
The partners mehak and simran share in the profits and losses equally and their capital accounts have credit balance s of 1 5 0 0 0 and 2 5 0 0 0 respectively. The account balances for Mehak and...
-
LNS Corporation reports book profit of $ 2 , 0 0 0 , 0 0 0 . The $ 2 , 0 0 0 , 0 0 0 included $ 1 5 , 0 0 0 of tax exempt interest income, a capital loss of $ 2 , 0 0 0 , depreciation expense of $ 6...
-
Maggie Vitteta, single, works 3 8 hours per week at $ 1 9 . 0 0 an hour. How much is taken out for federal income tax?
Study smarter with the SolutionInn App