What Is an External Sort

question 41

Essay

What is an external sort?

---

Definitions:

Wage Rate

The amount of money paid to a worker per unit of time, which can be expressed as an hourly, daily, or piece rate.

Product Price

The amount of money required to purchase a good or service, often influenced by a variety of factors including production costs, demand, and market competition.

Marginal Revenue Product

The extra income created by the use of an additional unit of a production input.

Marginal Resource Cost

Marginal Resource Cost is the additional cost incurred by obtaining one more unit of a resource, such as labor or raw materials, used in the production of goods and services.