Examlex
Rather than simply ordering his son to take out the garbage, Ahmad says, "Son, take out the garbage now. It's really full and I'm getting ready to make dinner, so I'll need more space in the garbage bags." Ahmad's statement is an example of
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing to buy.
Capital Market
The capital market is a financial market where long-term debt or equity-backed securities are bought and sold, providing businesses and governments with a platform to raise funds for long-term investments.
Marginal Productivity
The additional output that is produced by utilizing one more unit of a variable input, holding all other inputs constant.
Marginal Product
The additional output produced by employing one more unit of a particular input, holding other inputs constant.
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