When inflation is less than anticipated, inflation...

When additions of input to a fixed quantity of another input lead to progressively smaller increases in output, we say we are facing

A) accelerating returns. B) decreasing production. C) negative returns. D) diminishing returns.

The relationship between the inputs employed by a firm and the maximum output it can produce with those inputs is called the firm's

A) total factor productivity. B) marginal production level. C) technological ratio. D) production function.