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If opportunity costs are constant, then
Wage
Payment to a worker from an employer for labor or services, usually expressed as an hourly, daily, or piece rate.
Marginal Revenue
The change in total revenue from an additional unit sold.
Marginal Cost
The cost of producing one additional unit of a good or service, important in decision-making processes about production levels.
Product of Labor
The goods or services generated as a result of work or employment, often measured to evaluate productivity.
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