The Law of Diminishing Marginal Returns

question 111

Multiple Choice

The law of diminishing marginal returns

• A)explains why the average total cost and marginal cost curves are U-shaped in the short run.
• B)explains why the average total cost, average fixed cost, and the marginal cost curves are U-shaped in the short run.
• C)causes average total cost to rise at a decreasing rate as output increases.
• D)causes the difference between average total cost and average variable cost to get smaller as output increases.

Understand methods for aligning and formatting text within documents.

Recognize procedures for customizing bullets, lists, and outlines.

Comprehend strategies for formatting and manipulating tables (e.g., shading, deletion, sorting).

Grasp the process of modifying paragraph indents and spacing for document customization.

---

Definitions:

Biological Factors

Elements within the biological makeup of an organism that influence its behavior, health, and development, including genes, hormones, and brain chemistry.

Beliefs and Values

Fundamental convictions or ideals that guide an individual's actions, decisions, and understanding of the world.

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.

Bizarre Way

In an extremely unusual or strange manner that is far from normal or conventional.