Generally,antibiotics Are Useful Against

question 51

Multiple Choice

Generally,antibiotics are useful against

• A)influenzA.
• B)colds.
• C)bacteria.
• D)viruses.

---

Definitions:

Diminishing Returns

A principle stating that adding an additional factor of production results in smaller increases in output.

Marginal Product

The additional output resulting from the use of one more unit of a factor of production.

Labor

Human effort used in the production of goods and services.

Perfect Competition

A market structure characterized by a large number of small firms, identical products sold by all firms, no barriers to enter or exit the market, and perfect knowledge of prices and technology.