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Convergent evolution occurs when
Appliance Manufacturer
A company that produces electrical machines and devices for domestic use.
Variable Resources
Inputs or factors of production that can be adjusted in the short term to meet changes in the level of output, such as labor and raw materials.
MRPs
Marginal revenue products, a measure of the additional revenue generated by employing an additional unit of a resource or factor of production.
Labor Cost
The total expenditure incurred by employers for the wages, benefits, and taxes associated with their workforce.
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