Examlex
When an increase in hydrogen ions remains after one hour, this will lead to a(n)
Total Output
The quantity of goods and services produced by a firm or economy over a specific period.
Labor Employment
The act of engaging individuals to perform tasks for wages or salary.
Change in Output
This refers to the variation in the quantity of goods or services produced by a company or economy over a certain period.
Law of Diminishing Returns
An economic principle stating that if one input in the production of a product is increased while other inputs are held constant, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.
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