The Most Efficient Combination of Resources in Producing a Given

question 23

Multiple Choice

The most efficient combination of resources in producing a given output is the combination that

• A)comes closest to using the same quantities of land, labor, capital, and entrepreneurial ability.
• B)minimizes the cost per unit of output.
• C)uses the smallest total quantity of all resources.
• D)conserves most on the use of labor.

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Definitions:

Forebrain

The anterior part of the brain, including the cerebral hemispheres, thalamus, and hypothalamus, responsible for sensory and associative functions.

Hindbrain

The posterior part of the brain comprising structures including the cerebellum and brainstem, responsible for regulating basic functions such as heartbeat and respiration.

Brainstem

The posterior part of the brain, adjoining and structurally continuous with the spinal cord, responsible for vital life functions such as breathing, heart rate, and blood pressure.

Midbrain

An area of the brainstem involved in vision, hearing, motor control, sleep/wake, arousal (alertness), and temperature regulation.