Examlex
The key word method and method of loci are examples of techniques used to enhance the meaningfulness of materials so that they may be better remembered. That is, they are examples of ________.
Economies of Scope
Cost advantages that enterprises obtain due to a broader scope of operations, often through producing a variety of products rather than specializing in just one.
Marginal Products
The extra output obtained by utilizing an additional unit of a specific input while keeping all other inputs unchanged.
Capital-labor Ratio
The ratio of capital (equipment, buildings, etc.) to labor (workforce) in an economic analysis or production process.
Annual Output
The total production or output of a good or service in a year.
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