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How do employers judge a grievance procedure?
Marginal Revenue Products
The additional revenue generated by employing one more unit of a factor of production, such as labor or capital.
Unit Costs
The cost incurred to produce, store, and sell one unit of a product, including raw material, labor, and overhead costs.
Cost-Minimizing
A strategy or approach aimed at reducing expenses to the lowest possible level while achieving the desired output.
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