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E-distributors operate in vertical markets.
Marginal Revenue Product
The additional revenue generated by employing one more unit of a factor of production, keeping all other factors constant.
Wage Rate
The amount of money workers are paid per unit of time, usually specified in terms of an hour, representing compensation for labor services.
Employment
The condition of having paid work or being engaged in a productive activity.
Marginal Revenue Product
The additional income produced by one more unit of input, such as labor or capital, in the production process.
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