Examlex
In order to alleviate the effects of bias in employment testing, employers might want to use ________ because they typically do not show racial or ethnic differences.
Marginal Revenue Product
The extra revenue generated by employing one additional unit of a resource, such as labor or capital.
Diminishing Marginal Returns
A principle stating that after an optimal point, further increases in one input while holding others constant will result in smaller and smaller gains in output.
Marginal Revenue Product
The additional revenue generated from employing one more unit of a variable input.
Marginal Physical Product
The additional output produced by using one more unit of a variable input, holding all other inputs constant.
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