Examlex
Instruction 2.11
The table below contains the number of people who own a portable DVD player in a sample of 600 broken down by gender.
-Referring to Instruction 2.11,_________% of the 600 owned a portable DVD.
Labor Employment
The act of engaging individuals to perform tasks for wages or salary.
Change in Output
This refers to the variation in the quantity of goods or services produced by a company or economy over a certain period.
Law of Diminishing Returns
An economic principle stating that if one input in the production of a product is increased while other inputs are held constant, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.
Marginal Returns
The additional output gained by adding one more unit of a specific input, assuming all other inputs remain constant.
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