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What Is the Primary Difference Between an Entity and an Attribute

question 21

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What is the primary difference between an entity and an attribute?


Definitions:

Production Function

A mathematical representation in economics that describes the relationship between the inputs used in production and the output of goods or services produced.

Returns To Scale

The change in output resulting from a proportionate increase in all inputs in the production process.

Input

Resources such as labor, materials, and capital used in the production process to create goods or services.

Marginal Products

The additional output resulting from a one-unit increase in the use of a variable input, holding all other inputs constant.

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