The Principle That "As One Input Increases While the Other

question 35

Multiple Choice

The principle that "as one input increases while the other inputs are held fixed, output beyond some point will exhibit increases at a decreasing rate" is known as the:

• A) principle of opportunity cost.
• B) spillover principle.
• C) marginal principle.
• D) principle of diminishing returns.

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Definitions:

Life Imprisonment

A sentence of imprisonment for a crime where the convicted person is to remain in prison for the rest of their life.

Serious Crime

A criminal offense that is considered severely harmful to individuals or society, typically involving violence or the threat of violence, and carrying heavy penalties.

Imprisonment

The act of confining someone in a prison as a legal punishment for committing a crime.

Felony

A serious criminal offense that is usually punishable by imprisonment for more than one year or by death.