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What territory is claimed by both China and Japan?
Marginal Revenue Product
The additional revenue generated by employing an additional unit of a resource, such as labor or capital.
Input Price
The cost associated with purchasing the raw materials or factors of production used in the creation of goods or services.
Marginal Productivity
An economic principle describing the added output that results from the increase of one more unit of an input, holding all other inputs constant.
Consumer Good
A product that is purchased by end-users or consumers for personal use.
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