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For example, when inputs (labor and capital) increase by 100%, the increase in output is less than 100%. The main reason for the decreasing returns to scale is the increased management difficulties associated with the increased scale of production, the lack of coordination in all stages of production, and the resulting decrease in production ...
Our debt profile is strong with 87% of our net debt fixed with average maturity of just under 10 years and close currency matching. ... but they increased VAT and duties over 100 products ...
In the long run, if demand remains the same and the more productive methods are adopted across the entire economy, the amount of labour required (as a ratio to capital, i.e. the organic composition of capital) would decrease. Now, assuming value is tied to the amount of labor necessary, the value of the physical output would decrease relative ...
Approximately 75% of the project's monopiles are either installed or awaiting installation. ... the project cost update is expected to increase residential customer bills by an average of $0.43 ...
Industry backdrop remains challenged as we continue to expect demand declines across all large ag products in North America. ... And more than 75% of our domestic U.S. sales are assembled at U.S ...
An interesting guiding principle provided by Bishop and Darcey (1995) states that a relevant market is something worth monopolising, in the sense that the relevant market includes all the substitute products and therefore control of that market would allow the monopoliser to profitably increase the prices of the products to the monopoly level ...
We saw gift guides to resonate with users as click-through rates from products recommended through gift guides were over 40% higher than the average product pen.
Productivity-improving technologies date back to antiquity, with rather slow progress until the late Middle Ages. Important examples of early to medieval European technology include the water wheel, the horse collar, the spinning wheel, the three-field system (after 1500 the four-field system—see crop rotation) and the blast furnace.