Examlex
For a computer, minimum system requirements specify that the processor is 4 GHz or faster.
Labor
The exertion of both mental and physical capabilities towards the creation of products and services.
Marginal Revenue Product
Extra profits generated by incorporating another unit of a production element.
Worker
An individual engaged in a particular labor or job to earn a living, contributing to the production process.
MRP
Marginal Revenue Product, an economic theory stating the additional revenue generated from employing one more unit of a factor of production, like labor.
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