Diagrams Sometimes Facilitate Problem-Solving Because They

question 268

Multiple Choice

Diagrams sometimes facilitate problem-solving because they

• A) aid in the search for analogies.
• B) make it easier to execute algorithms.
• C) change the representation of the problem.
• D) relax constraints on problem solutions.

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Definitions:

Marginal Product

The additional output resulting from the use of one more unit of a particular input, holding other inputs constant.

Total Product

The total output produced by a firm or within an economy.

Average Product

The output per unit of input, such as the quantity of goods produced per worker.

Law Of Diminishing Returns

The principle that as successive increments of a variable resource are added to a fixed resource, the marginal product of the variable resource will eventually decrease.