Examlex
Where does wind energy have the greatest potential to create electricity?
Diminishing Returns
A principle stating that if one input in the production of a commodity is increased while all other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.
Production Function
The relationship between the quantity of inputs a firm uses and the quantity of output it produces.
Inputs
The resources, such as labor, materials, and capital, that are used in the production process to produce goods or services.
Output
The total amount of goods or services produced by a company, industry, or economy within a specified time period.
Q1: During a meltdown, nuclear power plants explode
Q4: Who normally identifies the problem in the
Q23: Landslides and mudslides are examples of<br>A) mass
Q24: One of NEPA's major failures is that
Q33: Explain the connections between oxygen sag and
Q34: Goals for an efficient economy from an
Q39: The computer models published in the 1972
Q48: Contrast the views and philosophies of the
Q49: The Audubon Christmas Bird Count is an
Q50: Externalized costs include social costs as well