Examlex
What term refers to pretend play, imaginative play, or dramatic play?
Extra Output
The additional production that is generated as a result of adding more of a variable input, such as labor or capital.
Diminishing Returns
A principle stating that as additional amounts of a variable input are added to a fixed input, beyond some point the marginal product of the variable input begins to decrease.
Unit of Labor
A measure of labor input, often represented by one worker or one hour of work, used to calculate productivity or costs.
Marginal Cost
The price of fabricating another unit of a good or service.
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