Refer to the Cost Table Provided

question 39

Multiple Choice

Refer to the cost table provided. Diminishing marginal returns begins to set in with the production of which unit of output?

• A)2
• B)3
• C)4

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Definitions:

Divergent

Pertains to tectonic plate boundaries that move away from each other, leading to the creation of new crust as magma rises to fill the gap.

Convergent

Pertaining to a tectonic boundary where two or more lithospheric plates move toward each other, commonly resulting in mountain formation, earthquakes, and volcanic activity.

Transform

Relates to a type of plate boundary where two tectonic plates slide past each other horizontally, often causing earthquakes.

Mid-Ocean Ridges

Underwater mountain ranges formed by plate tectonics, where new oceanic crust is created by volcanic activity along divergent plate boundaries.