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Production Incentives
Motivational factors or rewards designed to encourage increased productivity or output by workers or companies.
Marginal Productivity Theory
An economic theory that explains income distribution based on the productivity of the factor inputs in producing goods and services.
Income Distribution
The way in which a nation’s total income is spread among its population, affecting economic inequality.
Output Value
The total value of all goods or services produced by a firm or economy, often measured in terms of monetary value.
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