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The Figure Below Shows a Per-Worker Production Function

question 55

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The figure below shows a per-worker production function. The bowed shape of the per-worker production function illustrates the law of diminishing returns to scale.

The figure below shows a per-worker production function. The bowed shape of the per-worker production function illustrates the law of diminishing returns to scale.


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Computers

Electronic devices designed to store, process, and retrieve data, capable of executing a set of instructions to perform a wide range of tasks.

Electronic Communication

The transmission of information using electronic means such as email, social media, or instant messaging.

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A communication approach that focuses on the receiver, making messages more personal by speaking directly to the reader or listener.

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The exchange of information or ideas using spoken words, as opposed to written or nonverbal communication.

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