Examlex
In the simultaneous contrast effect, gray squares of equal intensities are surrounding by either a dark background or a lighter background. The square on the dark background looks _______ than the square on the lighter background.
Marginal Product
The additional output that is produced as a result of using one more unit of a particular input, such as labor or capital, while keeping other inputs constant.
Wage
The compensation paid to an employee for their labor, usually expressed as an hourly, daily, or weekly rate.
Profit
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Marginal Product
The additional output that results from using one more unit of a particular input while keeping other inputs constant.
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