Examlex
Which of the following should help reduce the incidence of unethical behavior in an organization?
Diminishing Returns
A principle stating that if one factor of production is increased while other factors are held constant, the incremental output or benefit gained will eventually decrease.
40-Acre Farm
A piece of farmland covering 40 acres, often used historically in the context of post-Civil War land redistribution promises in the United States.
Variable Costs
are expenses that vary directly with the level of production or output.
AVC
Average Variable Cost refers to the total variable costs per unit of output in economics, helping businesses analyze production expenses.
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