Although Students Had Three Months to Complete Their Term Paper

question 3

Multiple Choice

Although students had three months to complete their term paper, most of them still had to cram for it the night before its due date. Which principle of time management predicts this phenomenon?

• A)the Parkinson's law
• B)the 80/20 rule
• C)the concept of psychic RAM
• D)the principle of forced efficiency

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Definitions:

Input Proportions

The ratio of one type of input to another type of input used in the production of goods or services.

Market Price

The current price at which a good or service can be bought or sold in a competitive marketplace.

Production Increase

An uptick in the quantity of goods and services produced within a given time frame.

Marginal Product

The additional output gained from employing one more unit of a particular input while keeping other inputs constant.