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An object floats with half its volume beneath the surface of the water. The weight of the displaced water is 2000 N. What is the weight of the object? The density of water is
Marginal Product
The additional output produced as a result of utilizing one more unit of a particular input, holding all other inputs constant.
Average Product
The output per unit of a particular input, such as labor or capital.
Substitution Effect
The change in consumption patterns due to a change in relative prices, leading consumers to substitute one good for another.
Wage Increase
An upward adjustment in the salary or earnings paid to an employee.
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