Because Marginal Product Decreases as Input Is Increased

question 18

Multiple Choice

Because marginal product decreases as input is increased,

• A)nothing is implied about how much input is required to produce one more unit of output.
• B)it takes decreasing amounts of input to produce one more unit of output.
• C)it takes increasing amounts of input to produce one more unit of output.
• D)the amount of input it takes to produce one more unit of output does not change.
• E)it takes zero input to produce one more unit of output.

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Definitions:

Fundamental Attribution Error

The tendency to overestimate personality-based explanations for others' behavior while underestimating situational explanations.

Dispositional Cause

Cause of behavior attributed to internal factors such as personality or character.

Situational Cause

Cause of behavior attributed to external factors, such as delays, the action of others, or some other aspect of the situation.

Fundamental Attribution Error

The tendency to attribute others' actions to their character or personality, while attributing our own behaviors to external situational factors.