Examlex
Match the items below with their descriptions:
-personal conditions conducive to growth
Production Function
A model in economics that links physical output of a production process to physical inputs or factors of production.
Returns To Scale
An economic concept describing how the output of a production process changes as the scale of inputs is increased, divided into increasing, constant, or decreasing returns to scale.
Marginal Products
The additional output resulting from a one-unit increase in the use of a particular input, holding all other inputs constant.
Exponents
Mathematical symbols representing the number of times a number or expression is multiplied by itself.
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