If Production Displays Increasing Marginal Returns, Then

question 65

Multiple Choice

If production displays increasing marginal returns, then

• A)total product rises by a constant amount throughout.
• B)each new worker hired adds more to output than previous hires.
• C)the firm must be adding new capital to keep boosting productivity.
• D)total product reaches a maximum sooner than if production displayed decreasing returns.

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Definitions:

Institutionalized Racism

Systems and structures that impose racial discrimination or disadvantage based on race, enacted and perpetuated by societal institutions.

Overt Racism

A form of racism that is explicit, openly practiced, and easily observable, often characterized by blatant discriminatory actions or statements against individuals or groups based on their race.

Berkeley

A city in California, known for the University of California, Berkeley, and its significant contributions to various academic fields.

Career Criminal

An individual who commits crime as a day-to-day occupation, systematically engaging in criminal activities as a source of income.