This Figure Shows the Moon at Four Different Positions, Representing

question 39

Multiple Choice

This figure shows the moon at four different positions, representing four different times, as it orbits around Earth. At which position would there be a new moon as seen from Earth?

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

Labor

The human effort, including physical and mental skills, employed in the production of goods and services within an economy.

Demand

The desire accompanied by the ability to pay for goods or services, determining the quantity that will be bought at a given price level.

Marginal Revenue Product

The additional revenue generated from the sale of one more unit of a good or service produced as the result of one more unit of an input.

Wage Rate

The fixed amount of compensation or payment received by an employee from an employer in exchange for work or services performed.