Examlex
Explain the Wagner Act.
Quantity Output
The total amount of goods or services produced by a business, sector, or economy.
Noncooperative Behavior
Actions by firms that ignore the effects of those actions on the profits of other firms.
Marginal Costs
The cost incurred by producing one additional unit of a product.
Industry Output
The total product or service produced by companies within a specific sector or industry.
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