Examlex
Which of the various species concepts distinguishes two species based on the degree of genetic exchange between their gene pools?
Average Product
The output per unit of input, for example, the average quantity of product produced per worker or per machine.
Marginal Product
The additional output that results from using one more unit of a variable input, holding all other inputs constant.
Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally.
Total Product Curve
A graphical representation showing how the total quantity of output changes with variation in the quantity of a single input, holding other inputs constant.
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