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When Sam's Scarves uses 2 knitting machines and employs 3 people, total revenue is $330 a day. When Sam's Scarves uses 2 knitting machines and employs 4 people, total revenue is $360 a day. The value of marginal product of the third worker is
Effective
Having the intended or expected effect; capable of bringing about a desired result.
Reasonable Opportunity
A legal concept that refers to the fair chance given to all parties involved in a proceeding to present their case, access relevant information, and respond to evidence against them.
Stop-Payment Order
A request made to a bank to cancel a check or payment before it has been processed.
Comparative Fault
A legal doctrine that allocates damages based on the degree of fault or negligence found against each party in a lawsuit.
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