Examlex
Match each description with the item below.
-Elizabeth Blackwell
Resource Demand
The desire and ability of a company or economy to acquire goods or services considered essential for operation.
Inherited Wealth
Wealth or assets passed down from one generation to another through inheritance, often influencing economic opportunities for individuals.
Marginal Productivity Theory
An economic theory suggesting that the addition of a unit of labor or capital within the production process will increase the output by the amount of the marginal product.
MP L
Marginal Product of Labor; the additional output resulting from employing one more unit of labor, holding other inputs constant.
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