Examlex
In Martin Gill's research on the effectiveness of CCTV projects in the UK,which of the following techniques did he use?
Price Of Gasoline
The cost per unit volume of gasoline, which can fluctuate based on factors such as crude oil prices, taxes, production costs, and supply-demand dynamics.
Factors Of Production
The inputs into the production process. Land, labor, and capital are the three key factors of production.
Diminishing Marginal Returns
A principle stating that as more of a variable input is added to a fixed input, the additional output gained from each new unit of input eventually decreases.
Productivity
The measure of the efficiency of a person, machine, factory, or system in converting inputs into useful outputs.
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