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The easternmost point of Alexander's conquests was
Marginal Product
The increase in output that arises from an additional unit of input, holding all other inputs constant.
Total Cost Curve
A graphic representation showing how total cost changes with changes in the level of output or production.
Output
The amount of goods or services produced by a company, industry, or economy in a given period.
Isoquant
A curve representing all the combinations of inputs that result in the production of a certain level of output, used in the study of production theory.
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