In the questions that follow, you will be asked to identify the blanks on the below diagram using the word bank: NADPH, NADP, ATP, ADP + P, carbon dioxide, oxygen, carbohydrate, water. Briefly explain the significance of each item.
-D is ________.
Definitions:
Marginal Product
The additional output produced as a result of using one more unit of a particular input, keeping other inputs constant.
Total Product
The total quantity of output produced by a firm from a given quantity of inputs during a specific period of time.
Fixed Cost
Any cost that in total does not change when the firm changes its output.
Firm's Output
The total quantity of goods or services produced by a company within a specified period.
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