Examlex
An entire information system is broken down into its subsystems by using:
Labor
The use of human labor, be it physical or intellectual, in generating goods and services.
MRTS
Marginal Rate of Technical Substitution. It's the rate at which one input can be reduced for every increase in another input, keeping output constant.
Labor
The application of human physical and mental efforts in the creation and offering of goods and services.
Capital
Assets that are used in the production of goods and services, often classified into physical capital (like machinery) and financial capital.
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