Examlex
In a study done in Scotland, higher childhood intelligence was associated with greater survival to age 76 in ____________, but the results were particularly striking for _____.
Marginal Product
The increase in output that results from employing one more unit of a particular input, holding all other inputs constant.
Total Product
The total quantity of output produced by a firm from a given quantity of inputs during a certain period of time.
Workers
Individuals engaged in some form of employment or labor, contributing their skills or effort in exchange for compensation.
Marginal Product
The additional output that is produced by adding one more unit of a specific input, while keeping other inputs constant.
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