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Which of the following is a characteristic of conflict?
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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