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Figure 18-2
The figure below shows the production function for a particular firm.
-Refer to Figure 18-2. The marginal product of the fourth worker is
Recall
The mental process of retrieving information or events from the past without being explicitly prompted.
Storage
The process of retaining encoded information over time.
Encoded Information
Information that has been converted into a form, code, or language that can be processed and stored by a system or brain.
Persistence
The quality of continuing steadily despite problems or difficulties; a determination to keep going until an objective is achieved.
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