One Reason That Variable Factors of Production Tend to Show

question 25

Multiple Choice

One reason that variable factors of production tend to show diminishing returns in the short run is that:

• A)too much capital equipment is idle.
• B)there are more and more workers using a fixed amount of productive resources.
• C)the firm has become too large to effectively manage workers.
• D)the cost of hiring additional workers increases as firms seek to hire more.

Differentiate between synergistic and antagonistic effects of drug combinations.

Explain the various factors, including genetic, neurotransmitter-related, and environmental, that contribute to substance use disorders.

Understand the basic principles of classical conditioning, operant conditioning, and cognitive-behavioral therapy in the context of substance use and gambling disorders.

Recognize the different settings and approaches used for treating substance use disorders.

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Definitions:

Production Workers

Production workers are employees involved in the manufacturing process, directly contributing to the creation of products through tasks such as assembly, machining, and inspection.

Lean Business Model

A strategy focused on creating value for customers with minimal waste and resources, emphasizing flexibility and efficiency.

Multi-Dimensional Performance

An approach to evaluation that considers various aspects of performance, such as efficiency, effectiveness, and quality, across different domains or dimensions.

Just In Time

An inventory management strategy where materials and goods are produced or acquired only as needed for immediate use.