Examlex
Evaluations of programs that focus on developing alternatives to drug use have not revealed any particular benefits in terms of substance use behavior.
Equilibrium Value
The price and quantity at which supply and demand in a market are balanced.
Marginal Product
The increase in output that results from employing one more unit of a particular input, holding all other inputs constant.
Marginal Productivity Theory
An economic theory that explains the determination of wages in the labor market, suggesting that the wage of a worker is set at a level equal to their marginal contribution to the production process.
Income Disparities
The differences in income levels among individuals, households, or regions, indicating inequality in the distribution of wealth.
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