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Who drew a distinction between operant behavior and respondent behavior?
Average Cost
The aggregate expense of manufacturing, when divided by the quantity of items made.
Marginal Costs
The price of generating one more unit of a product or service.
Marginal Productivity
The additional output generated by employing one more unit of a particular resource, while holding other inputs constant.
Returns to Scale
The rate at which production output increases in response to proportional increases in all inputs.
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