Examlex
Perform the indicated operations.
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Marginal Product
The increase in output that results from an additional unit of input.
Returns to Scale
Refers to the rate at which output increases as inputs are proportionately increased, categorizing into increasing, constant, or decreasing returns.
Carpet Industry
The sector of the economy specialized in the manufacture and sale of carpets and rugs.
Mills
Factories or plants that process and manufacture products from raw materials.
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