Examlex
__________ are clusters of measurable KSAs.
Marginal Returns
The additional output generated by adding one more unit of a specific input, while keeping other inputs constant.
Total Product Curve
A graphical representation showing how the total output of a firm changes as the amount of a single input is increased, holding other inputs constant.
Marginal Product
The additional output generated by increasing one unit of a specific input, keeping other inputs constant.
Labor
The human effort, both physical and mental, used in the production of goods and services.
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