The Table Below Describes the Average Temperatures for Portland, OR During

question 22

Multiple Choice

The table below describes the average temperatures for Portland, OR during a given year. What is the median temperature for the year?

• A) 64.5
• B) 67.0
• C) 75.0
• D) 71.0
• E) 64.0

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Definitions:

Production Capacity

The maximum output that a company or economy can produce under normal conditions within a given period, often influenced by available resources and technology.

Diminishing Returns

A principle indicating that as more of a variable input is added to a fixed input, the added output from each additional unit of input will eventually decrease.

Resource Labor

The work force considered as an economic resource, emphasizing the skills and abilities workers bring to the economy.

Marginal Output

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