Examlex
Simplify the expression.
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Marginal Productivity
The additional output that is produced by using one more unit of a given input, while keeping other inputs constant.
Flood
An overflow of water that submerges land that is usually dry, often caused by heavy rain, melting snow, or breach in water containment systems.
Inputs
Resources used in the process of production, including labor, materials, and capital.
Derived Demand
Derived demand occurs for a factor of production when the demand for another good or service drives it, such as the demand for raw materials increasing due to higher demand for the final product.
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