The Following Sentences Form a Paragraph

question 25

Multiple Choice

The following sentences form a paragraph. For each item, select the underlined part that contains an error. However, experts say that by learning to recognize the major stresses in our lives, we can begin to balance stress with exercise time with loved ones and just plain fun.

• A) say that
• B) lives, we
• C) exercise time with loved ones and

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Definitions:

Fixed Input

A production factor that remains unchanged regardless of the level of output in the short run.

Marginal Product

The additional output generated by employing one more unit of a particular input, keeping other inputs constant.

Units of Labor

Measurements used to quantify the work input by labor forces, often referring to hours worked or number of workers.

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.