Examlex
In variations of Stanley Milgram's study on obedience,people's behaviors were not influenced by whether the person giving orders looked "ordinary" or looked like "an experimenter."
Technological Improvements
Advances in technology that enhance productivity, efficiency, or quality in goods and services.
Long Run
In economics, the Long Run is a period during which all factors of production and costs are variable, allowing for full industry adjustment to changes.
Per-worker Production Function
A mathematical representation showing how the amount of output produced per worker varies with the amount of capital or other inputs used per worker.
Quantity of Capital
The total assets, both physical (such as machinery and buildings) and financial, that individuals or businesses use to produce goods and services.
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