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One model considering the relationship between the union and the employer has classified the possible relationships into types as follows:
Marginal Revenue Product
The additional revenue generated from using one more unit of a resource.
Additional Revenue
The increase in income received from selling one more unit of a product or service.
Additional Unit
The next unit of production, referring to the increase in quantity by one unit.
Marginal Revenue Product
The additional revenue generated from using one more unit of a factor of production, such as labor or capital.
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