Examlex
The charge that some affirmative action programs discriminate against non-minorities is called
Decreasing Returns To Scale
Long-run average total cost increases as output increases (also known as diseconomies of scale).
Economies Of Scale
The cost advantages that enterprises obtain due to their scale of operation, typically resulting in cost per unit of output decreasing with increasing scale.
Diminishing Returns
A principle stating that if one input in the production of a commodity is increased while all other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.
Production Function
The relationship between the quantity of inputs a firm uses and the quantity of output it produces.
Q11: What are the theories of media bias?
Q18: Explain the consequences of a policy that
Q26: Through recent decisions on immigration and voting
Q28: Money is not the only resource that
Q44: Politics exists<br>A) only in government institutions.<br>B) in
Q58: Which campaign financing reform was best known
Q62: Although job enrichment was successfully implemented in
Q67: Slander is<br>A) an attempt to do bodily
Q250: Extrinsic rewards that are clearly tied to
Q252: Survey feedback is an example of open