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The AFL-CIO is very active in the political arena. However, which of the following are not actions of the AFL-CIO?
Marginal Revenue Product
The extra income produced by using another unit of a production input.
Technology Improvement
Advancements or enhancements in technology that lead to better productivity, efficiency, or product quality in various sectors.
Marginal Product
The additional output resulting from one more unit of a certain input, holding all other inputs constant.
Marginal Revenue Product
The additional revenue generated from employing one more unit of a resource, such as labor or capital.
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