A producer would not remain in stage 1 because appltmpp, Ask an Expert

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A producer would not remain in Stage 1 because APP

Productivity can be enhanced by adding more units of input, so returns are increasing.

Adding additional units of input will result in decreased output because returns are negative

The producer is experiencing a "rational" stage of returns

The producer is operating at the most efficient level of returns

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91273838

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