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While the Enlightenment was spreading among the educated elites, religion remained a strong force in the lives of the common people. What were the patterns of popular religion for both Catholics and Protestants in the late eighteenth century? How did the church leaders, Protestant and Catholic, respond to popular religion?
Marginal Product
The rise in production resulting from the use of one more unit of input.
Value of the Marginal Product
The extra income produced from the use of an additional unit of input, like capital or labor.
Marginal Product (MP)
The extra output generated from increasing the quantity of a particular input by one, while keeping other inputs unchanged.
Price (P)
The cost necessary to acquire a good or service.
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