Examlex
What are visitors to the Zen Garden of Contemplation in Japan expected to do?
Total Product
The total output produced by a firm or within an economy.
Average Product
The output per unit of input, such as the quantity of goods produced per worker.
Law Of Diminishing Returns
The principle that as successive increments of a variable resource are added to a fixed resource, the marginal product of the variable resource will eventually decrease.
Resource Inputs
The basic materials and components required in the production process to create goods or services.
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