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You are watching a rat in a Skinner box, and every time a red light comes on the rat presses the lever in the box. However, when a green light comes on the rat never presses the lever. In this case, it appears that the color of the light is acting as
Number of Workers
The total count of individuals employed or available for employment within a business or economy.
Law of Diminishing Returns
The principle that as one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.
Marginal Output
The additional output that results from using one more unit of a particular input, holding all other inputs constant.
Resource (Labor)
Human effort, both physical and mental, used in the production of goods and services.
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