Keep in mind that not all leasing companies allow lease assumptions. This takes us back to step oneâconsulting your lease contract. You must examine your specific lease stipulations before going through a lease assumption or any other lease-termination process. Be aware of the consequences of whatever action you take.
In other words, a factor is limiting if a change in the factor produces increased growth, abundance or distribution of an organism, when other factors necessary to the organisms life do not. Limiting factors may be physical or biological.
Holding other input factors constant, the additional output obtained when adding one extra unit input of capital or labor will eventually decline, according to the law of diminishing returns. As a result, a country cannot maintain its long-run growth by simply accumulating more capital or labor.