Examlex
The object above a valley floor that consists of glacial ice is called
Long Run
The Long Run is a period in economics during which all factors of production and costs are variable, allowing for adjustment to changing market conditions.
Fixed Amount
A specific, unchanging quantity of something.
Diminishing Returns
An economic principle that states as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally.
Negative Returns
A situation in which additional investment or effort results in a decrease in output or performance, contrary to typical expectations for growth or improvement.
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