Examlex
Which of the following is not used by animals as a guide for navigation?
Marginal Costs
Marginal costs represent the change in total production cost that arises when the quantity produced is incremented by one unit, essentially the cost of producing one additional unit of a good.
Marginal Productivity
Marginal productivity is the additional output that is produced by using one more unit of a certain input, assuming that all other inputs remain constant.
Total Output
The complete quantity of goods or services produced by a company, sector, or economy within a given period.
Extra Inputs
Additional resources or factors of production, such as labor or materials, that are used to increase output or efficiency.
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