Examlex
The person who acts ___________ is clueless and has no sense of awareness.
Isoquants
Curves that represent combinations of different inputs that produce the same output level, used in production theory.
Marginal Productivity
The increase in output resulting from a one-unit increase in the input of a particular resource, while holding inputs of all other resources constant.
Output Constant
A fixed amount of production that does not change with the levels of input.
Isocost Line
A graph representing all combinations of inputs which cost the same total amount.
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