Examlex
Which of the following is NOT an example of an input to the accounting information system?
MRP Of Land
The Marginal Revenue Product of Land is the additional revenue generated from the use of an additional unit of land, holding other factors constant.
Rent
Rent refers to the payment made periodically by a tenant to a landlord in exchange for the use of land, a building, property, or other assets.
Marginal Revenue Product
Marginal Revenue Product is the additional revenue gained from employing one more unit of a resource, crucial for determining how much of a resource to employ.
Wage Rate
The amount of compensation paid to an employee by an employer in exchange for performing specific tasks within a given period.
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