Examlex
The marginal product of labor is the increase in output as a result of hiring an additional worker while the marginal revenue product of labor is the increase in profit as a result of hiring an additional worker.
Input Device
A hardware device that sends data to a computer, allowing users to interact with and control it, such as a keyboard, mouse, or scanner.
Hardware Components
Physical parts of a computer or electronic system necessary for its operation, such as the CPU, RAM, hard drive, and motherboard.
Output Device
A hardware component used to convey information to one or more people by converting data into a human-readable form, such as monitors and printers.
Input Device
A hardware device used to send data to a computer allowing the user to interact with and control it. This includes devices like keyboards and mice.
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