Examlex
The most widely used employee screening and selection device is
Marginal Product
It refers to the increase in output that arises from an additional unit of input, highlighting the incremental gains in production.
Marginal Profit
Marginal profit is the increase in profit that results from selling an additional unit of a product or service.
Marginal Product
The additional output resulting from one more unit of a particular input, showing the contribution of that input to total production.
Marginal Product
The additional output resultant from increasing one unit of a specific input, holding all other inputs constant.
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