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A researcher studies language development by selecting a sample of 2-year-old children and giving them a language skill test.Each year for the next two years,the children are brought back and tested again.The researcher plans to compare the children's scores at age two,age three,and age four.This study is an example of
Marginal Product
Marginal Product is the additional output produced as a result of utilizing one more unit of a particular input, holding all other inputs constant.
Stock Dividends
A form of dividend payment made by a corporation to its shareholders in the form of additional shares, rather than cash.
Factors of Production
The inputs used in the production of goods or services; traditionally includes land, labor, capital, and entrepreneurship.
Marginal Product
The additional output a firm gains from employing one more unit of input, holding the levels of all other inputs constant.
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