From an Isoquant Map, One Can Illustrate Diminishing Returns to Production

question 41

Multiple Choice

From an isoquant map, one can illustrate diminishing returns to production by

• A)observing the slope of the isoquant as one moves outward on the labor axis but stays at the same point on the capital axis.
• B)following the curvature of an individual isoquant.
• C)moving from isoquant to isoquant along a ray from the origin.
• D)constructing a positively sloped isoquant.

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Definitions:

Insight Therapies

Therapies in which the main goal is helping people gain insight with respect to their behavior, thoughts, and feelings.

Motives

Internal driving forces that compel individuals to act in a certain way or pursue particular goals.

Cognitive Therapy

Therapy in which the focus is on helping clients recognize distortions in their thinking and replacing distorted, unrealistic beliefs with more realistic, helpful thoughts.

Distorted Thinking

Patterns of irrational or inaccurate thoughts that are believed to perpetuate psychological disorders.