Examlex

Solved

Volcanic Island Chains That Form Along the Trace of a Hot

question 102

True/False

Volcanic island chains that form along the trace of a hot spot are called aseismic ridges.


Definitions:

Input

Resources used in the production process of goods and services, including raw materials, labor, and capital.

Decreasing Returns

A concept in economics where each additional unit of input results in a progressively smaller increase in output, often observed in production processes.

Marginal Product

The additional output that is produced by using one more unit of a particular input while holding other inputs constant.

Factor

An element or component, such as land, labor, and capital, that is used in the production of goods and services.

Related Questions