Examlex
To be considered gifted under the commonly accepted (but informal) threshold requirement, one needs an IQ of at least
Assembly Line
A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much more efficiently than with individual craftsmanship.
Average Product
The output per unit of input, typically calculated by dividing total product by the quantity of input used in its production.
Marginal Product
The additional output gained by employing one more unit of input, such as labor or capital.
Marginal Product
The extra output that is produced by using one more unit of a factor, such as labor or capital, while keeping other factors constant.
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