Rodney Wears Reading Glasses,uses an Ergonomically Designed Chair When He

question 42

Multiple Choice

Rodney wears reading glasses,uses an ergonomically designed chair when he works at the computer,and exercises regularly to offset the effects of aging.He is also taking two courses at the local community college just for the sake of learning.What principle is at work here?

• A)Denial of primary aging
• B)Optimization of secondary aging compensation
• C)Optimization without compensation
• D)Selective optimization with compensation

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Definitions:

Marginal Product Curve

A graph that illustrates the change in output when an additional unit of input is added, holding all other inputs constant.

Production Function

Describes the relationship between inputs used in production and the resulting output.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full industry adjustment.

Diseconomies Of Scale

Situations where a firm's costs per unit increase as the scale of production increases, typically due to inefficiencies that arise from becoming too large.