Examlex
Which term refers to reconfiguring one job into two part-time jobs?
MC
Often referred to as Marginal Cost, it is the increase in total cost that arises from an extra unit of production.
Inputs
Resources used in the production process to produce goods or services.
Production
The process of creating goods or services using inputs such as labor, materials, and technology.
Spreading Effect
refers to the phenomenon where the impact of a particular event, policy, or action extends or disperses across a wider area or population.
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