Examlex
Explain what a critical or realigning election is. Then, note the three clearest examples of such elections in American history and identify the issues related to these events.
Total Product Curve
A graphical representation showing the output of a firm in relation to a single input while holding other inputs constant.
Marginal Product
The additional output produced as a result of adding one more unit of a particular input, keeping other inputs constant.
Average Product
The ratio of total product to the amount of input used, determined by dividing the overall output by the input quantity.
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