Based on the last quarterly report, Jason realizes that it is now taking more resources to produce each of the laptop computers his company makes. What aspect of comparative advantage is Jason noticing?
A) increasing tariffs
B) diminishing returns
C) JIT inventory
D) economies of scale
E) constant returns

Question

Quizplus · Accepted Answer

Jason is noticing diminishing returns, which refers to the point at which the level of benefits gained is less than the amount of money or energy invested. In this context, it means that more resources are required to produce each additional unit, indicating a decrease in efficiency.

Based on the Last Quarterly Report, Jason Realizes That It