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A proper heading for the income statement could include "As of December 31,2013."
Marginal Physical Product
The additional output produced by adding one more unit of a factor of production, such as labor, while keeping all other factors constant.
Marginal Revenue Product
The additional revenue generated from employing one more unit of a resource or input.
Total Revenue Product
The overall income generated by a firm from selling its output, factoring in the quantity of output sold and the price per unit.
Marginal Physical Product
The additional output that results from using one more unit of a factor of production, keeping other factors constant.
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