Examlex
Argue the pros and cons of harm reduction.
Technological Progress
The advancement in technology which increases production efficiency and leads to economic growth.
Demand for Labor
The total amount of labor that employers want to hire at various wage rates.
Marginal Revenue
The additional income earned by selling one more unit of a good or service.
Marginal Product
The increase in output that results from a one-unit increase in the quantity of a single input while holding other inputs constant.
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