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Answered a Question in Social Sciences
The marginal product of one additional worker is known as the "marginal product of labor" (MPL). This is the additional amount of output that will be generated when another worker is added. It is...
Answered a Question in Business Ethics
The primary consideration in the ethics of conservation is the concept of ownership. This question rests on the distinction of property rights and ethical rights. Strictly speaking, a country has...
Answered a Question in Business
Perfect competition is a theoretical possibility based on the premise that firms and consumers are price-takers. This means that no individual has the ability to influence the price of a good,...
Answered a Question in Economics
Equilibrium is conditions of quantity and price that make up the natural resting state of the market. The market seeks equilibrium because it is the solution to the interaction of market supply and...
Answered a Question in Venus and Adonis
First, it is important to keep in mind that Shakespeare relies heavily on the principle that the form of the poem reflects its function and content. Venus and Adonis is written in the minor epic...
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