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Telophase and cytokinesis
Output
Output refers to the amount of goods or services produced by a firm or economy within a certain period.
Physical Capital
Consists of tangible, man-made objects that a business uses to produce goods or services, such as buildings, machinery, and equipment.
Short Run
A period in economics where at least one factor of production is fixed, limiting the ability of the economy or firm to adjust to changes in demand or supply.
Productive
Relating to or involving the creation of goods or services that satisfy human wants; the efficiency and effectiveness in producing outputs from inputs.
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