Use the Following to Answer Questions

question 171

Multiple Choice

Use the following to answer questions :
Figure: The Marginal Product of Labour
-(Figure: Marginal Product of Labour) Use Figure: The Marginal Product of Labour.The total product for three workers is _____ kilograms.

• A) 51
• B) 45
• C) 39
• D) 15

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Definitions:

Technological Change

The process of innovation and development in technology, leading to new products, improved processes, and increased efficiency.

Production Processes

The methods and sequences of activities involved in the manufacture of goods, encompassing everything from material selection to final output.

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.

Emerging Economies

Countries with developing industrial bases, experiencing rapid economic growth and increasing involvement in the global market.