Question

The area lying between the two ridges lines in the
Non-economic region,
none of them
Economic of scope,
economic region​

Answer 1

Answer:

The marginal product of a particular factor may be negative if the quantity used is too large. For example, if too much labour is used there may be congestion and the efficiency of all the labourers may be affected. An isoquant will include points denoting such factor quantities, because it includes all factor combinations producing the same output.

But, a rational producer will not operate on this part of the isoquant. The area of rational operation may be shown by drawing two lines from the ori­gin enclosing only those parts of the isoquants where each factor has a positive marginal product. Such lines are called ridge lines. Negative marginal products appear in that part of the isoquant which has a posi­tive slope.

Ridge lines exclude these parts. This can be seen in Fig. 14. Let us focus our atten­tion on isoquant Q1 over the interval from point A to point E. We now know that as we substitute labour for capital and move from A toward E, the marginal productivity of labour diminishes.

But, look what happens if we move beyond E, continuing to use more labour. The isoquant Q1 turns upward, indicating that if we use more labour and still want to produce Q1 units, we must now also use more capital. Why? Because beyond E, the marginal product of labour has become negative, and so to compensate for using more labour, we must add to the amount of capital used as well.

If we follow Q2, Q3 or Q4 from left to right, we see that a similar result occurs. Beyond points F, G and H turn up. That is, the slopes of the isoquants become positive due to the negative marginal productivity of labour.

Explanation:

Answer 2

Answer:

check the up answer once

Explanation:

ok bro