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15:18 Sep 4, 2016 |
Polish to English translations [PRO] Bus/Financial - Economics | |||||
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| Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 04:48 | ||||
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Summary of answers provided | ||||
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3 | stage 2 segment of the production curve/segment of economic relevance of the production curve |
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stage 2 segment of the production curve/segment of economic relevance of the production curve Explanation: Technically, this region is called stage 2 segment of the production curve or diminishing average returns segment of the production curve. Realny odcinek must mean the segment where the firm should operate: the area of economic relevance is within Stage 2 for firms that buy and sell in competitive markets https://www.hccfl.edu/media/518247/lecture 2 production econ... The optimum input/output combination for the price-taking firm will be in stage 2, although a firm facing a downward-sloped demand curve might find it most profitable to operate in Stage 1. https://en.wikipedia.org/wiki/Production_function cccccccc Stage 2 segment is from point B to C: Point B is the point beyond which there are diminishing average returns, as shown by the declining slope of the average physical product curve (APP) beyond point Y. Point B is just tangent to the steepest ray from the origin hence the average physical product is at a maximum. Beyond point B, mathematical necessity requires that the marginal curve must be below the average curve The optimum input/output combination for the price-taking firm will be in stage 2, although a firm facing a downward-sloped demand curve might find it most profitable to operate in Stage 1. https://upload.wikimedia.org/wikipedia/commons/e/e8/Stages_o... https://en.wikipedia.org/wiki/Production_function ccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc Porównaj do rysunku 5.1, odcinek od b do c Realny odcinek krzywej produktu całkowitego znajduje się jednak między punktami b i c. https://books.google.com/books?id=tUgobY5Ufl4C&pg=PA113&lpg=... ccccccccccccc Realny odcinek krzywej produkcji, w którego zakresie dokonuje się wyboru stanowi odcinek zmniejszajacej się PK https://notatek.pl/krancowa-produkcyjnosci ccccccc decreasing marginal returns (stage 2) the total production keeps growing, but it does so by smaller and smaller amounts; stage where output increases at a diminishing rate as more variable inputs are added https://quizlet.com/26116972/ap-gov-chapter-4-5-6-packets-fl... |
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