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The principle behind the "sandwich rule" states that
Marginal Product
The additional output generated by employing one more unit of input.
Production Functions
Mathematical representations of the relationship between a firm's inputs and its outputs.
U.S. Immigrants
People who have moved to the United States from another country to live permanently.
Real Wage Rates
The purchasing power of wages, adjusted for inflation, indicating the quantity of goods and services wages can buy.
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