One of the Most Poisonous Marine Organisms Known Is the Cnidarian,commonly

question 45

Multiple Choice

One of the most poisonous marine organisms known is the cnidarian,commonly called the sea wasp or box jellyfish; the motile adult organism is best described as a(n)

• A) polyp.
• B) medusae.
• C) cnidocyte.
• D) anthozoan.

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Definitions:

Diminishing Marginal Returns

The principle that as additional units of a factor of production are added, the increase in output will eventually decrease, holding other factors constant.

Constant Returns to Scale

A situation where increasing all inputs by a certain factor results in output increasing by the same factor, indicating proportionate scalability of production.

Increasing Returns to Scale

Occurs when an increase in all inputs by a certain percentage causes a more than proportional increase in output.

Decreasing Returns to Scale

Decreasing returns to scale occur when an increase in all inputs leads to a less than proportional increase in output, showing that the firm becomes less efficient as it scales up production.