Examlex
Instructions: Identify the following terms.
Kenya's central highlands
Worker
An individual who performs labour for a company or another person in exchange for compensation.
Diminishing Returns
A rule that implies that after reaching a certain threshold, the profit rate from investing more into a specific sector won't keep rising unless there are changes in other contributing factors.
Production Function
An equation that describes the maximum output that can be achieved with a given set of inputs.
Labor
The use of human mental and physical efforts in the process of producing goods and offering services.
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