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As capital per worker rises, output per worker rises. However, this increase in output per worker is smaller at larger levels of existing capital per worker.
Condition Subsequent
A legal term that describes a condition in a contract that, if fulfilled, terminates the obligation or contract itself.
Debt Discharged
The condition in which a debt is legally eliminated, and the debtor is no longer financially obligated to pay it back.
Substituted Agreement
A legal principle where the parties involved agree to replace a previously made agreement or contract with a new one.
Fence Repairs
Maintenance actions taken to fix or restore fences to their original condition or functionality.
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