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Tiffany is aware that unprotected sex can lead to pregnancy and sexually transmitted infections,but she tells her friends that if she became sexually active,she knows nothing bad would happen to her.Elkind would see this as an example of
Returns To Scale
An economic concept describing how the output of a production process changes as the scale of inputs is increased, divided into increasing, constant, or decreasing returns to scale.
Marginal Products
The additional output resulting from a one-unit increase in the use of a particular input, holding all other inputs constant.
Exponents
Mathematical symbols representing the number of times a number or expression is multiplied by itself.
Production Function
A mathematical representation that defines the relationship between inputs used in production and the output generated from those inputs.
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