Match the words in Column I with their meanings in Column 2. Write the letter on the line. Column 1 `
1. law of variable proportions.
2.production schedule.
3. marginal product
4.increasing returns.
5. diminishing returns.
6. third stage of production.
7. fixed costs.
8. variable costs.
9. total costs.
10. marginal costs
Column 2
A. expenses that remain the same no matter how much is produced
B. in the short run, changing one input changes the output
C. chart to help evaluate inputs and outputs
D. additional cost of producing one more unit
E. how much extra is produced by adding one input
F. stage of production with increasing production, but with a smaller marginal product
G. negative returns, when more input reduces production
H. include fixed and variable costs; change when variable costs change
I. the first stage of production
J. expenses that change with the amount of production

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak