Examlex
Choose the one alternative that best completes the statement or answers the question.
Find the exact value of the expression. Do not use a calculator.
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Inputs
Resources such as labor, materials, and capital used in the process of production.
Output
The quantity of goods or services produced by a firm, industry, or economic system.
Diminishing
A principle often observed in economics where additional units of a variable factor increase total output at a decreasing rate.
Positive Constants
Fixed values greater than zero that appear consistently within a mathematical equation or expression.
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