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Characterize EACH of the three given statements as being TRUE or FALSE and then indicate the collective true-false status of the statements using the choices: (1) The two members of a Bronsted-Lowry conjugate acid-base pair will always differ from each other by one unit of charge.
(2) An equivalent of an ion is always the charge on the ion divided by two.
(3) In an acid-base titration, the indicator changes color when the reaction between it and added acid is complete.
Decreasing Returns
The phenomenon where an increase in the input of resources leads to a less proportional increase in output.
Marginal Product
The additional output that is produced by employing one more unit of a particular input, with all other inputs held constant.
Input
Resources that are used in the production process to create goods or services, such as labor, materials, and capital.
Returns To Scale
In production theory, the change in output resulting from a proportional change in all inputs; can be increasing, constant, or decreasing.
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