Examlex
What is the function of a catalyst in a chemical reaction?
Marginal Product
The additional output produced as a result of utilizing one more unit of a particular input.
Marginal Revenue
The additional income received from selling one more unit of a good or service.
Optimal Employment
The level of employment where the economy is at its most efficient, producing the maximum output without causing inflationary pressures.
Marginal Revenue
The additional income generated from selling one more unit of a good or service.
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