-Based on the Production and Revenue Data in the Above

question 25

Multiple Choice

-Based on the production and revenue data in the above table, what is the marginal product of the 4th worker?

• A) 28
• B) 6
• C) 4
• D) 2

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Definitions:

Conflict Diamonds

Diamonds mined in a war zone and sold to finance an insurgency, an invading army's war efforts, or a warlord's activity.

Diamonds

Gemstones consisting of a crystalline form of carbon, often used in jewelry for adornment and considered valuable due to their rarity and physical properties.

Mined

The process of extracting minerals, metals, and other geological materials from the earth, typically through the creation of mines.

Combatants

Individuals or groups actively engaged in a conflict, battle, or war, typically referring to soldiers or armed fighters.