Examlex
Auxins in plants are known to affect which of the following processes?
I.gravitropism of shoots
II.maintenance of seed dormancy
III.phototropism of shoots
IV.inhibition of lateral buds
V.apical dominance
Equilibrium Wage
The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers, resulting in labor market equilibrium.
Labor
Human mental and physical contributions employed in the manufacturing of goods and services.
Marginal Product
The extra production obtained when one additional unit of a specific input is used, while all other inputs stay unchanged.
Labor Supply Curve
A graphical representation showing the relationship between the quantity of labor supplied and the wage rate in a given market.
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