Examlex
What are the steps of action research that are used in organizational development?
Output Effect
The change in total output resulting from a specific economic policy or condition, such as an increase in demand.
MRP
Marginal Revenue Product, the additional revenue generated by the employment of one additional unit of a factor of production.
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.
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