Examlex
Negotiating business contracts with an out-of-state individual via smart phone texting is insufficient to provide a court with personal jurisdiction over that individual.
MRP
Marginal Revenue Product, which is the additional revenue generated from employing one more unit of a resource.
Productivity
A measure of the efficiency of production, often expressed as the ratio of output to input within a specific period.
Marginal Revenue Product
The additional revenue a firm generates from employing one more unit of input, such as labor or capital.
Productivity
An evaluation of how effectively a person, machine, factory, or system transforms inputs into valuable outputs.
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