Examlex
If a distribution is multimodal, what does this mean?
MPP
Marginal Physical Product, the change in total output of a good that results from a one-unit change in input, holding all other inputs constant.
Substituted
The act of replacing one good or service with another due to changes in price, preference, or other variables.
Derived Demand
Demand for a factor of production or intermediate good that occurs as a result of the demand for another related good or service.
Productive
Refers to the efficiency and capability of producing goods and services, often measured by output per unit of input.
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