The Optimum Quantity of an Input Occurs When

question 243

Multiple Choice

The optimum quantity of an input occurs when

• A)diminishing returns set in.
• B)marginal revenue product equals input price.
• C)marginal physical product equals input price.
• D)marginal revenue product equals output price.

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Definitions:

Down Syndrome

A genetic disorder caused by the presence of an extra chromosome 21, characterized by developmental and intellectual delays.

Savant Syndrome

A rare condition where someone with significant mental disabilities demonstrates profound and prodigious capacities or abilities in specific areas.

Chromosome 21

One of the 23 pairs of chromosomes in humans; individuals with Down syndrome have an extra copy of this chromosome, also known as trisomy 21.

Intellectual Disability

A disability characterized by significant limitations in both intellectual functioning and adaptive behavior, which covers a range of everyday social and practical skills.