She produces cups using a fixed proportion of labor and clay but regardless of how many cups she produces she uses only one kiln.
Michelle s business produces ceramic cups using labor.
Michelle s business produces ceramic cups using labor 00599019 tutorials for question of economics and general economics.
Does her production process exhibit diminishing marginal product of labor.
6 the production function at ginko s copy shop is q 1000 min l 3k.
She can manufacture 25 cups a day with one worker and 35 with two workers.
She can manufacture 25 cups a day with one worker and 35 with two workers.
Each extra worker produces an extra unit of output up to six workers.
Q5 10 michelle s business produces ceramic cups using labor clay and a kiln.
She produces cups using a fixed proportion of labor and clay but regardless of how many cups she produces she uses only one kiln.
Michelle s business produces ceramic cups using labor clay and a kiln.
Does her production process necessarily illustrate decreasing returns to scale or diminishing marginal returns to labor.
5 michelle s business produces ceramic cups using labor clay and a kiln.
She produces cups using a fixed proportion of labor and clay but regardless of how many cups she produces she uses only one kiln.
Michelle s business produces ceramic cups using labor clay and a kiln.
Michelle s business produces ceramic cups using labor clay and a kiln.
Does her production process exhibit diminishing marginal product of labor.
She can manufacture 4040 cups a day with one worker and 5656 with two workers.
5 michelle s business produces ceramic cups using labor clay and a kiln.
Michelle s business produces ceramic cups using labor clay and a kiln.
Draw the total product of labor average product of labor and marginal product of labor curves.
Display pieces can bring a sense of drama to the table and dublin based ceramic artist and designer michele hannan s creations are both decorative and functional emphasis was also placed upon developing an understanding and appreciation of the work of past and contemporary designs in the ceramic field.
Does her production process illustrate decreasing returns.
Holding the level of clay and kilns she has available fixed she can manufacture 0 cups a day with zero workers 25 cups a day with one worker and 35 with two workers.
She produces cups using a fixed proportion of labor and clay but regardless of how many cups she produces she uses only one kiln.
She can manufacture 25 cups a day with one worker and 35 with two workers.
Holding the level of clay and kilns she has available fixed she can manufacture 0 cups a day with zero workers 25 cups a day with one worker and 35 with two workers.