Examlex
What does the following code snippet display? char ch1 = '\u0000';
Char ch2 = '\uffff';
For (int i = 0; i < 1000; i++)
{
If (i % 50 == 0)
{
System.out.println() ;
}
System.out.print((char) (ch1 + Math.random() * (ch2 - ch1 + 1) ) ) ;
}
Diminishing Returns
A rephrased definition: The principle stating that successive increases in inputs for production result in gradually decreasing increments in output.
Short Run
A period in which at least one of a firm's inputs is fixed and cannot be changed, while others may be varied to adjust production levels.
Long Run
A period of time in economics during which all factors of production and costs are variable.
Marginal Product
The increase in output stemming from the addition of one unit of a specific input, with all other inputs kept steady.
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