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When the Output of One Subsystem Is Used as Input

question 125

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When the output of one subsystem is used as input for another subsystem,the two systems have a shared


Definitions:

Marginal Rate

Often refers to the marginal tax rate, which is the tax rate applied to an additional dollar of income.

Transformation

In an economic context, it refers to the process of changing inputs into outputs, often related to the production process in industries or economies.

Resources

Assets, materials, and inputs used by organizations or economies to produce goods and services.

Outputs

Refers to the total amount of goods or services produced by a company or an economy.

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