Examlex
If you stopped working for five years to care for a family member, you should choose to do a
Units of Output
The quantity of goods or services produced by an entity in a given period of time.
Marginal Cost
The cost associated with producing an additional unit of a product or service.
Diminishing
Refers to a reduction or decrease over time.
Marginal Product
Marginal product refers to the additional output resulting from using one more unit of a production input, holding all other inputs constant.
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