Examlex
The number of ways to choose k out of n things is ______.
Marginal Product
The additional output that is produced by employing one more unit of a particular input, with all other inputs held constant.
Input
Resources that are used in the production process to create goods or services, such as labor, materials, and capital.
Returns To Scale
In production theory, the change in output resulting from a proportional change in all inputs; can be increasing, constant, or decreasing.
Input
Resources used in the production process of goods and services, including raw materials, labor, and capital.
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