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Two VALS Segments Stand Apart

question 71

Multiple Choice

Two VALS segments stand apart.One segment represents the group with the highest resources and innovation and the other segment represents the group with the lowest resources and innovation.These two groups are the ________ and the ________.


Definitions:

Marginal Returns

The additional output resulting from a one-unit increase in the use of a variable input, keeping all other inputs constant.

Technical Efficiency

The ability of an entity to maximize output for a given set of inputs, using the least possible amount of resources.

Fixed Proportion

A production scenario where inputs are used in rigid, unchanging ratios to produce outputs.

Crew Members

Individuals who work together as part of a team, especially on ships, aircraft, or in film and television productions.

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