The Change in Total Output Resulting from a 1-Unit Increase

question 62

Multiple Choice

The change in total output resulting from a 1-unit increase in the quantity of a factor of production used, holding the quantities of all other factors of production constant, is:

• A) average cost.
• B) average product.
• C) marginal cost.
• D) marginal product.

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Definitions:

Novelty

The state or quality of being new, original, or unusual, often stimulating interest or attention.

Positive Reinforcement

A method in behavioral psychology where the probability of a behavior increasing is enhanced by rewarding a positive outcome immediately following that behavior.

Scapegoating

The practice of unfairly blaming unpopular students for all types of negative classroom outcomes and behaviors.

Positive Peer Pressure

Influence from peers that leads an individual to make healthy, beneficial decisions due to the positive examples or encouragement from others.