___________________________ Is the Idea That as the Output Grows,cost of Production

question 69

Short Answer

___________________________ is the idea that as the output grows,cost of production per unit of goods and services will grow at a lower rate.

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Definitions:

Proactive

An approach characterized by taking initiative and anticipatory actions to influence an outcome, rather than reacting to events after they occur.

McClelland's Learned Needs Theory

A psychological theory suggesting that individuals are motivated by three primary needs: achievement, affiliation, and power, which they learn over time.

Safety Need

A concept from Maslow's hierarchy of needs referring to an individual's need for security, protection, and freedom from fear or anxiety.

Socialized Power

A form of power wielded with the intention of promoting the common good rather than personal gain, often seen in leadership that prioritizes group goals.