Examlex

Solved

Dependence on One Crop in Agriculture Is Termed ____________________

question 44

Short Answer

Dependence on one crop in agriculture is termed ____________________.


Definitions:

Marginal Revenue Products

The additional revenue generated by employing one more unit of a factor of production, such as labor or capital.

Unit Costs

The cost incurred to produce, store, and sell one unit of a product, including raw material, labor, and overhead costs.

Cost-Minimizing

A strategy or approach aimed at reducing expenses to the lowest possible level while achieving the desired output.

Related Questions