When Enos Finds That He Is Falling Short of His

question 105

Multiple Choice

When Enos finds that he is falling short of his study goals,he sets up the desk in his dorm room facing a blank wall,so he cannot look out the window.He turns off his cell phone and TV when he studies.Enos has been able to make his studying more reflective by

• A)switching to a massed practice strategy.
• B)using the steps in the LISAN method.
• C)taking corrective action.
• D)punishing his lack of goal attainment.

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Definitions:

Short Run

In economics, the short run refers to a period during which at least one of a firm's inputs cannot be changed, limiting its capacity to adjust to demand changes.

Long Run

A period during which all factors of production and costs are variable, allowing full adjustment to any change in market conditions.

Average-Total-Cost Curve

A graphical representation showing the relationship between the average total cost of producing a good and the quantity of the good produced.

Diminishing Marginal Product

A principle stating that, holding all else constant, an increase in the quantity of one input will eventually lead to lower additional output per unit of input.