The Law of Diminishing Marginal Returns

question 91

Multiple Choice

The law of diminishing marginal returns

• A)is a short run concept.
• B)is a long run concept.
• C)is both a short run and a long run concept.
• D)does not hold in the real world.

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Definitions:

Brachial

Relating to the arm.

Cephalic

Referring to the head or the head end of the body.

Basilic

Often related to the basilic vein, which is a large vein on the upper arm that helps drain parts of the hand and forearm.

Vertebral Artery

The vertebral artery is one of the major arteries of the neck that supplies blood to the brain, particularly the posterior portion, including the cerebellum and the brainstem.