Examlex
A standby data repository is one which requires a person to generate the metadata and place it in the repository.
Long Run
A period of time in economics wherein all inputs and factors of production can be varied, with no fixed factors.
Variable Inputs
Resources or factors of production that can be adjusted in the short run to meet changes in demand.
Diminishing Returns
An economic concept indicating that as more investment is made in a particular area, the rate of profit from that investment, after a certain point, starts to decline.
Marginal Product
The additional output produced by using one more unit of a particular input, while holding other inputs constant.
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