Narrbegin Exhibit 6.1: the Production Function

question 104

Multiple Choice

Narrbegin Exhibit 6.1: The production function
-In Exhibit 6.1, total output increases from A to C because:

• A) workers receive higher wages.
• B) of technological progress in industries.
• C) the law of diminishing marginal returns sets in.
• D) of specialisation and therefore the increasing returns.

---

Definitions:

Positive Feedback Loop

A process in a system where the output enhances or amplifies an initial change, leading to further increase in the output.

Atomic Mass

The total mass of protons and neutrons in an atom, measured in atomic mass units.

Neutrons

Subatomic particles within an atom's nucleus, possessing no electric charge.

Protons

Positively charged subatomic particles found in the nucleus of an atom, contributing to the atom's mass and defining the chemical element.