When a Production Function Exhibits a Marginal Product of Labour

question 133

Multiple Choice

When a production function exhibits a marginal product of labour that is diminishing (but positive) :

• A)output declines as more workers are employed
• B)the firm should never increase its employment
• C)output increases, but at a decreasing rate as more workers are employed
• D)the firm cannot be maximising profit

Understand the social functions of media, including entertainment, social control, and socialization.

Recognize the theories explaining mass media's role in society, such as conflict theory and functionalism.

Identify how mass media can act as agents of social control and social cohesion.

Assess the impact of media ownership and conglomeration on content and public opinion.

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Definitions:

Food

any nutritious substance that people or animals eat or drink to maintain life and growth.

Infirmity

Illness, disease.

Illness

A condition that negatively affects a person's normal physiological or psychological state, often characterized by specific signs and symptoms.

Disease

A disorder of structure or function in a human, animal, or plant, especially one that produces specific signs or symptoms or that affects a specific location and is not simply a direct result of physical injury.