In the Long Run,when a Firm Adds Physical Capital,workers Become

question 214

True/False

In the long run,when a firm adds physical capital,workers become more productive,so variable costs increase.

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Definitions:

Procedural Memory

A type of long-term memory that enables people to perform tasks without consciously thinking about them, such as riding a bicycle.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.

Acrostic Method

A mnemonic device that makes use of the first letters of words in a phrase or list to create a new word or phrase.

Method of Loci

A mnemonic technique where information is visualized within familiar spatial locations to improve recall.