Which of the Following Statements Is True

question 96

Multiple Choice

Which of the following statements is true?

• A)Diminishing marginal returns means that total output decreases as more of the variable inputs are employed.
• B)Diminishing marginal returns means that in order to increase output at a constant rate, the firm must add larger and larger quantities of the variable inputs.
• C)Diminishing marginal returns implies that there will never be increasing returns to scale.
• D)Diminishing marginal returns implies that the firm's profits will be shrinking as it produces more of its product.

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Definitions:

Competition for Affection

The rivalry between individuals or entities to gain emotional support or love from a third party.

Role Conflict

A situation where an individual faces competing demands or expectations from different roles they occupy, creating stress or difficulty in fulfilling these roles simultaneously.

Role Conflict

The tension caused by competing demands between two or more roles pertaining to different statuses.

Different Roles

Refers to the variety of functions or parts played by individuals in a societal, organizational, or relational context.