Answer:
By the end of this section, you will be able to:
Understand the concept of a production function
Differentiate between the different types of inputs or factors in a production function
Differentiate between fixed and variable inputs
Differentiate between production in the short run and in the long run
Differentiate between total and marginal product
Understand the concept of diminishing marginal productivity
Answer: Administrative lag
Explanation:
Administrative lag is defined as the lag of time that occurs between any issue identification and measure take to handle and correct the problem by finding solution.
In terms of economic field, the time required to recognize and realize the change in tax and the time to enact on those modification. This time gap is known as administrative lag.
I think this refers to the Soviet Union in WW2: It was almost taken by the Nazis in the time from October 1941 until February 1942, but it wasn't and it later took Berlin at the end of the War.