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Urban sociologists have studied patterns of migration in and around urban areas. They have discovered one consistent pattern involves members of the middle class moving to the suburbs, with poor immigrants moving into the inner city. What is this pattern an example of?
Numerical Labels
Represent identifiers in the form of numbers, used for categorization or sorting purposes.
Isoquants
Curves on a graph that represent combinations of different inputs that produce the same level of output.
Marginal Returns
The additional output resulting from a one-unit increase in the use of a variable input, keeping all other inputs constant.
Technical Efficiency
The ability of an entity to maximize output for a given set of inputs, using the least possible amount of resources.
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