Examlex

Solved

​ in Each Blank, Write P for Good Parallel Structure

question 382

Short Answer

​ In each blank, write P for good parallel structure or NP for nonparallel structure. ​ My 100-year-old grandmother enjoys playing poker, swapping jokes, and bluegrass music.


Definitions:

Diminishing Returns

A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.

Fixed Inputs

Resources used in production that cannot be easily increased or decreased in the short term, such as buildings or machinery.

Variable Inputs

Resources or factors of production whose quantity can be changed in the short term to influence output.

Fixed

Fixed typically refers to costs or assets that do not change in the short term, regardless of the level of output or activity.

Related Questions