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Wage Rates
The amount of money paid to workers per unit of time, often an hour, reflecting compensation for labor.
Labor Productivity
The output per worker, measuring how efficiently labor is used in the production process.
Marginal Revenue Product
Is the additional revenue generated from employing one more unit of a resource, holding all other factors constant.
Fertilizer
A substance, either natural or synthesized, introduced to soil or terrain to boost its fertility and promote the growth of plants.
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