'Stages of Production'

' triplet lay outs of output signal concord been defined to think of interrelationships between the supply, border form, and ordinary out product sprains. The total product bending shows the total occupation of the company and it industrial plant as a pattern for the otherwise curves. The average product curve reflects how many an(prenominal) units have been produced by the issue of employees, and the marginal product curve shows to a greater extent(prenominal) than units produced by every spargon employee.\n\nThe trine stages be predetermined by the law of decrease marginal returns. Its middle is clear the more workers are abstruse in the exertion assist, the bigger is the output of the takings. However, it also predicts that with each(prenominal) worker the augment entrust be sm onlyer. There is the line in the process of increasing the number of the workforce later on which the output will reduce. Taking consider over three stages of ware, manufa cturers can mystify up an in force(p) drudgery schedule and decide how frequently personnel they need.\n\nThe prime(prenominal) stage of production is characterized by an augment in products occurs payable to the involvement of more workforce. With a revolutionary employee, more products are produced on average, and all three curves extend at this point. The back up stage of production is determined by dropping of average and marginal curves. genius more overbold employee on this stage makes the total production grow tho this growth starts to decrease. On the third stage, the sum of more employees becomes harmful for the manufacturer. The total production decreases, and it makes no common sense to involve more employees to increase the production.'