Radioactive Isotopes

question 1

Multiple Choice

Radioactive isotopes

• A) are frequently added to foods as nutritional supplements.
• B) can be used in conjunction with PET scans to diagnose diseases.
• C) do not occur naturally.
• D) are never incorporated into organic compounds.

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Definitions:

Value of Marginal Product

The increment in revenue a firm realizes from employing one additional unit of input, holding all other factors constant.

Output

The quantity of goods or services produced by a company, sector, or economy.

Diminishing Marginal Product

A principle stating that as additional units of a variable input are added to a fixed input, the marginal product of the variable input eventually decreases.

Production Function

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