​If a Firm Is Experiencing Diminishing Marginal Returns, Then _____

question 59

Multiple Choice

​If a firm is experiencing diminishing marginal returns, then _____.

• A)total output decreases as all resources are increased
• B)total output decreases as all resources are decreased
• C)total output decreases as one variable resource is increased, other things constant
• D)additional increments of output diminish as one variable resource is increased, other things constant
• E)additional increments of output diminish as all variable resources are increased

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Definitions:

Unconditional Positive Regard

A concept in psychology that refers to accepting and supporting a person regardless of what they say or do, especially in a therapist-client relationship.

Operant Conditioning

An approach to behavior modification that relies on the leveraging of rewards or the infliction of punishments to adjust behavior levels.

Token Economy

A behavior modification system that utilizes tokens as a form of currency for positive behaviors, which can later be exchanged for desired rewards or privileges.

Systematic Desensitization

A type of behavioral therapy used to gradually reduce phobic reactions and anxiety through counterconditioning.