Examlex
What were the three major forces behind family change in Western Europe? Discuss how each moved the family from its previous state to its current state.
Marginal Product
The additional output that is produced by using one more unit of a particular input, holding all other inputs constant.
Number of Workers
The total count of individuals employed or available for employment within a business or economy.
Law of Diminishing Returns
The principle that as one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.
Marginal Output
The additional output that results from using one more unit of a particular input, holding all other inputs constant.
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