Examlex
Virtue ethics claims that morality's primary function is to develop virtuous character, similar to the way people develop skills such as creativity and conflict management.
Short Run
A period in which at least one input is fixed and cannot be changed by the firm.
Marginal Product of Labor
The extra output produced by adding one more unit of labor, holding other inputs constant.
Unit of Labor
A measurement used to represent an hour of work or effort by a worker or laborer.
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