Examlex
Tim is studying for a test.After seven consecutive hours of studying,he finds he can remember what he just finished studying,but he can no longer remember what he studied five or six hours ago.Tim's memory problems are BEST explained by __________.
Total Product Curve
A graphical representation showing how the total quantity of output produced by a firm varies with the quantity of a single variable input, holding other inputs constant.
Average Total Cost Curve
A graph that represents the total cost of production (fixed and variable costs combined) divided by the quantity of output produced, at various levels of output.
Diffusion
The spread of an innovation through its widespread imitation.
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