Economy, asked by chakraborttyrin2366, 1 year ago

In the short run the producer will avoid producing in the region where marginal product of labour is positive

Answers

Answered by Nitish0001
1
A producer, thus, can always increase his output by reducing the units of the variable factor. Thus, a producer would wish to produce in stage 2 where both, the marginal product and average product of the variable factors are diminishing. Stage 2 represents the range of rational production decisions.
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