Examlex
Which of the following criteria helps to increase the effectiveness of punishment?
Marginal Product
The additional output generated by adding one more unit of a specific input, holding all other inputs constant.
Output Units
The quantity of goods or services produced, measured in units, which can refer to individual items, batches, or specific measures of output.
Law of Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain at a constant.
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