In a production process,an excessive amount of the variable input relative to the fixed input is being used to produce the desired output.This statement is true for:

Question

Quizplus · Accepted Answer

In stage III of the production process, the amount of variable input used increases disproportionately relative to the fixed input, leading to decreased efficiency and increased costs. This stage is characterized by an excessive amount of the variable input for the desired output.

In a Production Process,an Excessive Amount of the Variable Input