Examlex
Psychographics is an essential part of sales forecasting.
Marginal Product
The additional output resulting from using one more unit of a particular input, holding other inputs constant.
Labor Hours
The total hours of work provided by employees or workers within a specific timeframe.
Marginal Rate
The rate of change of a variable as another variable changes, typically used in the context of taxes, substitution, or transformation rates.
Technical Substitution
The process of replacing one technique or technology with another that is more efficient or cost-effective.
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