Upon Witnessing a Robber Hold Up a Convenience Store at Gunpoint,which

question 27

Multiple Choice

Upon witnessing a robber hold up a convenience store at gunpoint,which of the following reactions would your nervous system initiate?

• A)increased heartbeat
• B)constriction of airways
• C)constriction of pupils
• D)decreased heartbeat

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Definitions:

Output

The total amount of goods or services produced by a company, industry, or economy within a particular period.

Diminishing Marginal Returns

A rule indicating that when increasing amounts of a variable input are introduced to a constant input, the output gained from each subsequent unit of input will ultimately diminish.

Total Product

The total quantity of goods or services produced by a firm or economy during a specific period.

Marginal Product

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