Examlex
Match the term with its definition or explanation.
-A process where a molecule of water is removed to make two small molecules into one larger molecule
Additional Unit
Refers to the next unit of a product or service to be produced or consumed, considered in analysis of costs and benefits.
Competitive Employer
An employer who maintains a strong position within the labor market by offering compelling wages, benefits, or working conditions to attract and retain employees.
Inputs
Resources used in the production of goods and services, including labor, capital, materials, and technology.
Marginal Revenue Product
The extra income a company acquires by using an additional unit of input, like labor or capital.
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