-The Table Above Shows the Total Product Schedule for the X

question 103

Multiple Choice

-The table above shows the total product schedule for The X Firm. Increasing marginal returns occur until the ________ worker because ________.

• A) 4th; the marginal product of the 4th worker exceeds the 3rd worker, but not the 5th worker
• B) 5th; output declines with the 6th worker
• C) 5th; output is maximised
• D) 4th; the average product of labour is also increasing
• E) 3rd; the average product of labour is also increasing

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Definitions:

Island Arcs

A curved chain of volcanic islands located at a tectonic plate boundary, typically with a deep ocean trench on the convex side.

Orogeny

The process of mountain formation, especially by the folding and faulting of the Earth's crust, typically as a result of the collision of tectonic plates.

Tectonic Activity

The movement and behavior of the Earth's lithosphere, including the processes of plate tectonics that lead to earthquakes, volcanic eruptions, and the creation of mountain ranges.

Continental Rifting

A tectonic process whereby the continental lithosphere stretches and breaks apart, leading to the formation of new ocean basins.