The Age-In Years-Of an Ice Wedge Can Be Determined by

question 91

Multiple Choice

The age-in years-of an ice wedge can be determined by

• A)measuring its length.
• B)measuring its width.
• C)counting its foliations.
• D)measuring its volume.
• E)measuring its depth.

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Definitions:

AVC

Average Variable Cost, the variable cost per unit of output.

Law Of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if all other variables remain at a constant.

Marginal Output

The additional quantity of a product that is produced from using one more unit of an input, keeping other inputs constant.

Diminishing Returns

A principle stating that if one factor of production is increased while other factors are held constant, the incremental output or benefit gained will eventually decrease.