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Marginal Product
The extra production gained by adding one more unit of a specific input while keeping all other inputs unchanged.
Quantity of Land
The total amount or extent of land available for agricultural production, real estate, or other uses.
Factor of Production
An input used in the production of goods or services, such as land, labor, capital, and entrepreneurship.
Earnings
Earnings refer to the amount of money that an individual or business makes before any deductions are taken.
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