The point of diminishing returns is the point at which the rate of growth of...
60.1K
Verified Solution
Link Copied!
Question
Basic Math
The point of diminishing returns is the point at which the rate of growth of the profit function begins todecline. Find the point of diminishing returns.The point of diminishing returns is the point at which the rate of growth of the profit function begins todecline, that is, when the graph turns from concave up, to concave down. This is its (No Response)point of inflection.The point of diminishing returns occurs when
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!