_____ Occur(s)when More Units of Resources Are Required to Produce

question 98

Multiple Choice

_____ occur(s) when more units of resources are required to produce each additional unit.

• A)Economies of scale
• B)Diminishing returns to specialization
• C)A positive-sum game
• D)Constant returns to specialization

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Definitions:

James Polk

The 11th President of the United States (1845-1849), known for his expansionist policy, notably the annexation of Texas and the Mexican-American War.

Slaveholder

An individual or party that owns or held ownership rights in enslaved people.

Wilmot Proviso

An unsuccessful 1846 proposal in the United States Congress that aimed to ban slavery in territory acquired from Mexico in the Mexican War.

Appeal of the Independent Democrats

A document issued in 1854 criticizing the Kansas-Nebraska Act and advocating for anti-slavery policies.