Economics

inheritance

I'm thinking that marginal revenue product is the marginal revenue on one product, and marginal revenue is the marginal revenue on the whole firm sales...

I'm wondering the same thing but the above response is incorrect. both terms imply values on one item as indicated by the "marginal"

Increased human capital leads to increased productivity.

intellectual capital

goods

productive inputs

land

Wages A+

to produce enough goods to meet demand while making a profit

The circular flow refers to a simple economic model which describes the reciprocal circulation of income between the consumers and producers.

Thanks

interest

stocks of finished goods

Demand for labor contributes to how much wages should be

immediately

Human capital

how it will produce the goods or services

Big dongs

cultural values