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What do changing norms and values about family life in Canada reveal?
Marginal Product
The additional output resulting from the use of one more unit of a production input, holding other inputs constant.
Factor Market
A marketplace for the services of a factor of production, such as labor, capital, or land, essential for production processes.
Equilibrium Value
The price or value at which the quantity supplied is equal to the quantity demanded in a market.
Marginal Productivity
The increase in output resulting from a one-unit increase in the input, holding all other inputs constant.
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