Examlex
Which is an example of an analog (as opposed to a digital) code?
Marginal Productivity
The additional output produced by employing one more unit of a specific factor of production, holding other factors constant.
Doll Houses
Miniature houses designed for children to play with, often replicating the structure and furnishings of a full-size house.
Labor Cost
The total expenditures for wages, benefits, and payroll taxes that employers incur in compensation for the work performed by their employees.
Derived Demand
The demand for a resource; it stems from the demand for the final good the resource helps produce.
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