Organizing Information into Classes and Hierarchies of General Classes and More

question 12

Multiple Choice

Organizing information into classes and hierarchies of general classes and more specialized subclasses is called __________ hierarchies.

• A) Generalization/Specialization
• B) Whole-part
• C) Aggregation
• D) Abstraction

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Definitions:

Law of Diminishing Returns

An economic 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 variables remain at a constant.

Marginal Product

The additional output that is produced by employing one more unit of a particular input, keeping all other inputs constant.

Variable Resource

An input in production that can be adjusted in the short term to change the level of output.

Marginal Product

The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.