Examlex
Which explanation of prejudice states that people view others in increasingly negative ways when competing for scarce resources?
Inputs
Inputs are the resources used in the production process to create goods or services, including labor, raw materials, machinery, and capital.
Production
The process of creating goods or services by combining labor, machinery, and materials resources.
Returns to Scale
The rate at which output increases as inputs are increased proportionally.
Long-Run Average Total Cost
The average cost per unit of output when all input factors are variable, and economies of scale are fully exploited.
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