Examlex
Identify the set as finite or infinite
-The set of even whole numbers less than 100
Marginal Product
Additional output gained by employing one more unit of production.
Second Worker
The term "second worker" can refer to an additional employee hired to perform tasks, often implying the expansion of workforce due to increased workload.
Law of Diminishing Marginal Returns
A principle stating that adding an additional factor of production results in smaller increases in output after a certain point, holding other inputs constant.
Variable Input
An input used in production that can be adjusted in the short term, such as labor or raw materials.
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