Refer to the Following Figure When Answering the Following Questions

question 49

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 4.2: The Production Function
-Consider Figure 4.2. The shape of this production function suggests:

• A) a constant marginal product of capital.
• B) a diminishing marginal product of capital.
• C) a diminishing marginal product of labor.
• D) an increasing marginal product of capital.
• E) Not enough information is given.

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Definitions:

Prejudices

Biased opinions or feelings against an individual or group without sufficient justification.

Communicative Problems

Difficulties or barriers encountered during the exchange of information between individuals.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural or national experiences.

Diversity

The state of being diverse; variety, especially in the context of people with different backgrounds, cultures, or demographics.