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Communication Requires the Following Three Elements

question 44

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Communication requires the following three elements


Definitions:

Marginal Product

The extra yield generated when one additional unit of a particular input is used, keeping all other inputs unchanged.

Workers

Individuals or employees engaged in any form of labor, either paid or unpaid, within an economy.

Doggie Day Care

A service that provides temporary care and activities for dogs during the day.

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods and services.

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