Examlex
What are some future technologies that might change how we access the Internet?
Average Product
The output per unit of input, calculated by dividing total product by the quantity of input.
Labor
The physical and mental effort used in the production of goods and services.
Marginal Product
The increase in output that arises from an additional unit of input.
Nonlabor Resources
Resources used in the production process that do not involve human labor, such as capital, land, and raw materials.
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