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Human Development Involves Changes in Size,efficiency,and Capacity That Can Be

question 11

Multiple Choice

Human development involves changes in size,efficiency,and capacity that can be described as ____________change,and shifts in forms of thought and behavior that can be described as ______________ changes.


Definitions:

Envelope

In economics, often describes a theoretical outer limit or boundary, such as the envelope curve which envelopes all the possible positions of equilibrium.

Short-run Expansion Path

The route a firm takes to increase output by optimizing the combination of inputs used, given at least one fixed input, over a short period.

Variable Input

A production input whose quantity can be changed in the short term to influence output.

Fixed

Related to something that is unchanging, constant, or securely attached and not subject to variation.

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