Because of Diminishing Returns, a Factor in Relatively Low Supply

question 400

Multiple Choice

Because of diminishing returns, a factor in relatively low supply has a

• A)low marginal product and a low rental price.
• B)low marginal product and a high rental price.
• C)high marginal product and a low rental price.
• D)high marginal product and a high rental price.

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Definitions:

Ambiguous

Describes something that is open to more than one interpretation, unclear, or uncertain.

Leaders Born

The belief that leadership qualities are inherent and people are born with the natural ability to lead.

Climates

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Task-oriented Behavior

A behavior focused on efficiently completing tasks and achieving goals, often with a emphasis on technical or operational aspects.