Examlex
What did the study of intensive supervision probation programs by Gendreau and Little document?
Economic Resources
Assets or inputs used for the production of goods and services, typically categorized into land, labor, capital, and entrepreneurship.
Marginal Product
Marginal product is the additional output generated by using one more unit of a particular input while keeping other inputs constant.
Marginal Revenue Product
The additional revenue generated from employing one more unit of a resource, all other factors being constant.
Resource Productivity
The ratio of output (goods and services) produced per unit of resource input, used to assess the efficiency of resource use.
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