Economy, asked by Anonymous, 1 year ago

what is meant by return to a factor?

Answers

Answered by Anonymous
3

Aloha dear sisy

Question:- what is meant by return to a factors

Answer:- It refers to the change in output when an additional unit of variable input is employed.

Hope it helps


Anonymous: Same to uhh sissy
Anonymous: hope my answer helps u
Anonymous: :-)
Answered by yash1273
0
A concept in economics that if onefactor of production (number of workers, for example) is increased while other factors (machines and workspace, for example) are held constant, the output per unit of the variable factor will eventually diminish
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