Examlex
Which is false?
MRP
Marginal Revenue Product; the additional revenue generated from employing one more unit of input or labor.
Derived Demand
Demand for resources derived from demand for the final product.
Final Demand
The demand for finished products by consumers, businesses, and the government, without any further processing or transformation.
Goods and Services
Represents the output of an economy, where goods are physical items and services are activities provided by others for benefit or pleasure.
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