Examlex
Solve the equation.
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Inputs
Inputs like workforce, raw materials, and funds that are employed in the manufacturing process to produce products or services.
Output
The total amount of goods or services produced by a business, industry, or country.
Isoquant
A curve representing all combinations of inputs that produce the same level of output, used in the analysis of production decisions.
Slope
The measure of the steepness or incline of a line, representing the ratio of the vertical change to the horizontal change.
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