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If a landlord can get everyone out of the apartment building and refurbish it they
Marginal Product
The rise in production resulting from one more unit of input, while keeping all other inputs unchanged.
Units of Output
The quantity of goods or services produced by a business, factory, or individual within a certain timeframe.
Value
Value refers to the importance, worth, or usefulness of something, often determined by its desirability, utility, or monetary worth.
Marginal Product of Labor
The additional output a firm produces as a result of hiring one more worker.
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