Examlex
The results approach emphasizes ______________ rather than _______________.
Output
The total quantity of goods or services produced by a company, sector, or economy within a given period.
Revenues
The total income generated by a business or an economy from its operational activities, such as the sale of goods or services before any expenses are deducted.
Costs
Costs refer to the expenses incurred in the production of goods or services, including materials, labor, and overhead.
Marginal Product
The growth in productivity that occurs when an extra unit of input is added, with all other inputs remaining the same.
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