Narrbegin Exhibit 6

question 39

Multiple Choice

Narrbegin Exhibit 6.3 A marginal product curve
-As shown in Exhibit 6.3, the law of diminishing returns applies where there are:

• A) more than five workers per day.
• B) more than four workers per day.
• C) more than three workers per day.
• D) between zero and five workers per day.

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Definitions:

Consequentialists

Ethical theorists who believe that the morality of an action is determined solely by its consequences.

Pleasure

A sense of satisfaction or happiness experienced through enjoyable activities or sensations, often regarded as a key component of human well-being.

Utilitarian

Pertains to the ethical doctrine that actions are right if they are useful or for the benefit of a majority.

Poverty

A socio-economic condition characterized by a lack of financial resources or means of subsistence, leading to inadequate access to basic needs such as food, water, and shelter.