Figure 7-1 -The "Law" of Diminishing Returns Is Also Referred to as Referred

question 167

Multiple Choice

Figure 7-1
-The "law" of diminishing returns is also referred to as

• A)the "law" of diminishing returns to scale.
• B)the "law" of variable input proportions.
• C)diminishing average physical product.
• D)the "law" of decreasing cost.

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Definitions:

Cultural Abstraction

The process of generalizing about cultures in ways that may overlook the complexities and variances within them.

Individualistic

Describes a social theory or attitude that emphasizes the moral worth of the individual over the collective.

Hip-hop

A cultural movement that includes rap music, dance, art, and fashion, originating in the 1970s in the Bronx, New York City.

Dissent

Voicing or maintaining beliefs that differ from the ones previously, widely, or officially accepted.