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Requiring workers to work overtime on a regular basis could produce a synergistic effect.
Variable
An element, feature, or factor that is liable to vary or change.
Marginal Product
This measures the additional output that is produced by adding one more unit of a specific input, keeping all other inputs constant.
Total Output
The entire quantity of goods or services produced by an individual, firm, industry, or economy within a specified period.
Implicit Costs
Costs that represent the value of resources used in production for which no direct payment is made.
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