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When using ________, finalists are ordered from the most desirable to the least desirable based on results of discretionary assessments.
Input Hired
Resources or factors of production, such as labor, raw materials, and capital, employed in the creation of goods and services.
Complements in Production
Goods that are produced together in the production process; an increase in the production of one leads to an increase in the production of the other.
Wage
The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee for their labor.
Marginal Revenue Product Curve
A curve showing the additional revenue a firm earns by employing one additional unit of input, holding other factors constant.
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