Examlex
The ________ is a quality control chart that indicates when changes occur in the central tendency of a production process.
Marginal Productivity
The additional output that can be produced by adding one more unit of a specific input, holding all other inputs constant.
Diminishing
The process of lessening or decreasing in size, importance, or intensity.
Output
The quantity of goods or services produced by a business, individual, machine, or industry over a specified period.
Marginal Costs
Marginal costs refer to the increase or decrease in the total cost of producing one more unit of a good or service.
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