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Piaget and Vygotsky most strongly disagreed over
Marginal Cost
The increase in total cost that arises from producing one additional unit of a product.
Output
The quantity of goods or services produced in a given time period by a firm, industry, or country.
Economic Profit
The divergence between aggregate income and total outlays, inclusive of both tangible and intangible expenses.
Purely Competitive Seller
A seller operating in a market where there are many buyers and sellers and the products are virtually identical, leading to no individual control over prices.
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