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Evidence shows that by 4 years of age children prefer playmates who engage in activities that are gender typical, and that between 3 and 5 year old children develop biases in favor of their own ethnic or racial groups. This is an example of which theory?
Marginal Costs
Marginal costs represent the change in total production cost that arises when the quantity produced is incremented by one unit, essentially the cost of producing one additional unit of a good.
Marginal Productivity
Marginal productivity is the additional output that is produced by using one more unit of a certain input, assuming that all other inputs remain constant.
Total Output
The complete quantity of goods or services produced by a company, sector, or economy within a given period.
Extra Inputs
Additional resources or factors of production, such as labor or materials, that are used to increase output or efficiency.
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