Examlex
If after a change in an allocation it can be demonstrated that the value of the gains exceeds the value of the losses, then the change is said to be potentially efficient.
Marginal Product
Marginal Product is the additional output produced as a result of utilizing one more unit of a particular input, holding all other inputs constant.
Stock Dividends
A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.
Factors of Production
The inputs used in the production of goods or services; traditionally includes land, labor, capital, and entrepreneurship.
Marginal Product
The additional output a firm gains from employing one more unit of input, holding the levels of all other inputs constant.
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