Examlex
What interests do the courts balance in deciding whether a noncompetition covenant,preventing an employee from leaving and going into competition with her former employer,is enforceable? What is the test applied by the courts?
Inputs
Resources used in the production process, such as labor, capital, and materials.
Total Output
The total quantity of goods or services produced by an individual, firm, or country over a specified period.
Production Function
A mathematical model that describes the relationship between the inputs used in production and the output of goods or services.
Inputs
Resources, such as labor, materials, and capital, that are used in the production process to create goods and services.
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