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Explain the rise of the civil rights movement in the United States. What role did the NAACP play, and what kind of political strategy did it adopt? What actions of the Supreme Court and the executive branch signaled a willingness to challenge Jim Crow laws? Why was Brown v. Board of Education such an important case?
MPP
Marginal Physical Product, which represents the additional output resulting from the use of one more unit of a variable input, holding other inputs constant.
Resource
Assets, materials, or inputs that are available to an individual, organization, or society to produce goods and services.
Output
The total amount of goods or services produced by a company, industry, or economy.
Perfect Competitor
A hypothetical market structure in which no individual firm has any market power, allowing for an ideal level of competition where prices reflect actual costs.
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