The Increase in Output That Is Generated by an Additional

question 95

Multiple Choice

The increase in output that is generated by an additional unit of input is called:

• A)the input-output relationship.
• B)the production function.
• C)resource product.
• D)marginal product.

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Definitions:

Special Account

An account created for a specific, often non-routine, purpose, which may involve unique transactions or conditions.

Withdraw

The act of removing funds from a bank account or the action of retracting from a position or commitment.

Present Value

The present value of a future amount of money or series of cash flows, based on a certain return rate.

Cash Flow

The entire sum of funds moving in and out of a company, notably influencing its available cash resources.