A Means by Which Socialization Takes Place in Terms of Instruction

question 55

Multiple Choice

A means by which socialization takes place in terms of instruction in proper conduct or action is known as

• A) Socialization
• B) Discipline
• C) Friends
• D) Social norms

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Definitions:

Average Product

The output per unit of input, calculated by dividing total production by the total quantity of input.

Labor

The work performed by humans that is used in the production of goods and services.

Diminishing Marginal Returns

An economic principle stating that as one factor of production increases while others remain constant, the incremental gains in output will eventually decrease.

Input

Resources such as labor, materials, and capital used in the production of goods and services.