An Input Is Said to Be an Inferior Input If

question 40

Multiple Choice

An input is said to be an inferior input if:

• A)the quantity demanded falls as output rises.
• B)MP falls as more of the input is employed.
• C)output falls as more of the input is employed.
• D)the quantity demanded rises as its price rises.

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Definitions:

Self-Insight

The understanding and awareness one has of their own personality, behaviors, and individual characteristics.

Socioeconomic Background

The social and economic factors that characterize the environment in which a person is raised, including income level, education, and occupational status.

Fully Functioning Person

Rogers’ term for self-actualization, for developing all facets of the self.

Actualizing the Self

The process of realizing or fulfilling one's talents, capabilities, and potential, forming the basis of self-actualization in humanistic psychology.