The Law of Diminishing Returns Applies

question 37

Multiple Choice

The law of diminishing returns applies:

• A)in the long run because all inputs are variable.
• B)in the short run because some inputs remain fixed.
• C)in both the short run and the long run.
• D)to fixed inputs in the long run.
• E)to fixed inputs in the short run.

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Definitions:

Nicotine

Alkaloid found in tobacco; operates on both the central and peripheral nervous systems, resulting in the release of biochemicals, including dopamine, norepinephrine, serotonin, and the endogenous opioids.

Central Nervous System

The part of the nervous system that consists of the brain and spinal cord, responsible for integrating sensory information and responding accordingly.

Depressant

A substance that reduces the functional or nervous activity, often used to describe drugs that inhibit the central nervous system, leading to sedation or relaxation.

Alcohol

A psychoactive substance commonly found in beverages like beer, wine, and spirits, known for its intoxicating effects.