Diminishing Returns to Specialization Occur When

question 86

Multiple Choice

Diminishing returns to specialization occur when

• A)resources can move freely from the production of one good to another within a country.
• B)more units of resources are required to produce each additional unit.
• C)the cost of producing goods reduces substantially with increase in number of goods produced.
• D)the quality of resources comes down as a result of producing more goods.
• E)the quality of goods produced per unit of resource begins to improve.

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Definitions:

Dissociation

A psychological condition in which there is a disconnection or lack of continuity between thoughts, memories, surroundings, actions, and identity.

Encode

The process by which information is transformed into a format that can be stored and later retrieved from memory, crucial in learning and cognition.

Factitious Disorder

A mental disorder wherein individuals deliberately fabricate, exaggerate, or induce symptoms of illness in themselves for the primary motive of assuming the sick role.

Munchhausen's

Also known as Munchausen Syndrome, it is a factitious disorder wherein individuals deliberately produce or exaggerate symptoms of illness in themselves for attention or sympathy.