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Table 112 -Refer to Table 11

question 171

Multiple Choice

Table 11.2
 Workers  per Day  Total Product  Marginal Product  Total  Revenue ($)  Marginal  Revenue  Froduct ($) 00011001,0001,0002951,95095032859090043703,7008505804,500800\begin{array} { | c | c | c | c | c | } \begin{array} { c } \text { Workers } \\\text { per Day }\end{array} & \text { Total Product } & \text { Marginal Product } & \begin{array} { c } \text { Total } \\\text { Revenue } \\( \$ ) \end{array} & \begin{array} { c } \text { Marginal } \\\text { Revenue } \\\text { Froduct } ( \$ ) \end{array} \\\hline 0 & 0 & - & 0 & - \\\hline 1 & 100 & & 1,000 & 1,000 \\\hline 2 & & 95 & 1,950 & 950 \\\hline 3 & 285 & 90 & & 900 \\\hline 4 & 370 & & 3,700 & 850 \\\hline 5 & & 80 & 4,500 & 800 \\\hline\end{array}
-Refer to Table 11.2,which shows the product price of a perfectly competitive firm and the output produced by the firm. When do increasing marginal returns first become evident?

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Definitions:

Incapacity

Refers to a lack of the legal ability to perform some act, such as make a contract or a will.

Mental Illnesses

Health conditions involving significant changes in emotion, thinking, or behavior, reflecting disturbances in mental functioning.

Disaffirm

The act of denying, rejecting, or voiding a legal contract or agreement, especially by someone who is not legally competent.

Necessaries

Essential items required for living, such as food, shelter, and clothing, which a person cannot legally be deprived of.

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