-Refer to the Graph Above

question 141

Multiple Choice

-Refer to the graph above.The firm uses labour and a fixed number of machines to produce output.We know that the marginal product of labour is at its maximum when output equals

• A) 1.5 units.
• B) 3 units.
• C) 3.5 units.
• D) 5 units.
• E) an infinitely large amount.

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Definitions:

Oxidation

The process where a substance undergoes an increase in its oxidation state, often associated with the addition of oxygen or removal of hydrogen.

Reduction

A chemical process where a molecule, atom, or ion acquires electrons or undergoes a reduction in its oxidation state.

Oxidation

A chemical reaction that involves the loss of electrons by a molecule, atom, or ion.

Reduction

A chemical reaction that involves the gain of electrons or the decrease in oxidation state by a molecule, atom, or ion.