Examlex
Corporate philanthropy involves primarily the giving of financial resources, and managerial time and talent.
Wage Rate
The amount of money paid to an employee per unit of time or output, commonly expressed as an hourly rate.
Diminishing Marginal Product
The property whereby the marginal product of an input declines as the quantity of the input increases.
Production Function
An equation that describes the relationship between the inputs a firm uses and the output it produces.
Computer Programmers
Individuals who write, test, and maintain the code that allows computer applications and software programs to function properly.
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