Gerald Is an Affectionate, Well-Behaved, Cooperative Individual with a Severe

question 236

Multiple Choice

Gerald is an affectionate, well-behaved, cooperative individual with a severe intellectual disability, who is institutionalized. Gerald's disability is a rare one in which his skull failed to grow causing his brain to develop in a limited space. Gerald has the condition known as

• A)microcephaly.
• B)hydrocephaly.
• C)cretinism.
• D)Down syndrome.

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Definitions:

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource, such as labor or capital.

Marginal Physical Product

The additional output that is produced by employing one more unit of an input, holding other inputs constant.

Substitution Effect

The economic understanding that as prices rise, or income decreases, consumers will replace more expensive items with less costly alternatives.

Output Effect

The impact on total production and economic output resulting from changes in price levels, influencing the quantity supplied or demanded.