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What Is One Way in Which Geologic Knowledge Is Used

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What is one way in which geologic knowledge is used to help humans?


Definitions:

Marginal Cost

The cost of producing one additional unit of a good or service, important in decision-making processes about production levels.

Product of Labor

The goods or services generated as a result of work or employment, often measured to evaluate productivity.

Profit Maximization

The strategy a business uses to ascertain the pricing and amount of production that maximizes profitability.

Workers

Individuals engaged in any form of economic activity to earn a wage or salary.

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