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Production function
Equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used. The production function can thus measure the marginal productivity of a particular factor of production and determine the cheapest combination of productive factors that can be used to produce a given output.
Marley Williamson
Wiki User
∙ 6y agoProduction function is a concept that describes the relationship between changes in output to different amounts of a single input.
Production functions include supply, assembly, and packaging. Other production functions include inventory, materials handling, and shipping. Production functions include anything that takes place on the production floor.
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what is a vas defence in the male productive system
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they are protective , productive , regulatory and accessory.
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To keep your heart beating in a rhythmic, productive pattern.
A production function measures the relation between?
The production function is a unit of measurement used in economics. The function measures the relationship between the quantities of productive factors and the amount of product obtained.
What is economic responsibility?
Th obligation of individuals in a Free Enterprise/ Market system to function as productive members of society.
How productive is the average American worker in an 8 hour day?
As productive as he or whe wishes to be, which oftentimes isn't very. That is unless the said worker is limited in time available to function, as by death or being physically or mentally restrained.
How can lymphocyte alter their function in different situations?
It really depends on the situation being studied. A lymphocyte can alter its function and be over productive if the host engages in ritual dance, jazzercise, or attempts to sweat to the oldies.
What is a product function?
Production function Equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used. The production function can thus measure the marginal productivity of a particular factor of production and determine the cheapest combination of productive factors that can be used to produce a given output.
What is a production function concept?
Production function Equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used. The production function can thus measure the marginal productivity of a particular factor of production and determine the cheapest combination of productive factors that can be used to produce a given output.
What is a productive way to handle tasks?
be productive
Why language is creative and productive?
language is productive and creative?why?
Is productive an adverb?
No. Productive is an adjective. The adverb is productively.
