Examlex
The right of election applies only if a spouse dies intestate.
Cotton Price
The market value at which cotton is traded.
Marginal Product
The additional output that results from using one more unit of a particular input, keeping other inputs constant.
Skilled Labor
Workers who have specialized training, expertise, or qualifications, making them capable of performing complex tasks.
Value Marginal Product
The additional revenue generated by employing one more unit of a factor of production, such as labor or capital.
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