Examlex
Why was social democracy so attractive in late nineteenth-century and early twentieth-century Europe? Discuss examples from at least two countries.
Marginal Physical Product
The additional output that can be produced by adding one more unit of a specific input, while holding other inputs constant.
Additional Output
The extra amount of production generated as a result of increasing inputs or improving efficiency.
Productivity
A measure of the efficiency of production, often expressed as the ratio of outputs to inputs in a production process.
Per Unit
A measurement specific to one unit of a good or service, indicating cost, price, or quantity related to a single unit.
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