A Likely Result of Polar Ice Caps Melting Is

question 12

Multiple Choice

A likely result of polar ice caps melting is:

• A) increased wildlife at the North and South Poles.
• B) increased lake and stream size on the continents.
• C) increased marine life closer to the equator.
• D) a higher sea level.

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Definitions:

Average Product

The output produced per unit of input, calculated by dividing total production by the total number of inputs.

Marginal Product

The additional output that results from the use of one more unit of a production input, holding all other inputs constant.

Nonlabor Resources

Inputs used in the production of goods and services that do not involve human labor, such as capital, land, and natural resources.

Average Product

The output per unit of input, such as labor or capital, calculated by dividing total production by the number of input units.