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It is a product that is total
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∙ 12y ago
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Define average product?
Average product defined as- dividing total production of inputted variables by number of inputted variables. For example- average product of 3,5,7,9 is-(3+5+7+9)/4= 6.
What is the total value of a product?
The total value of a product includes installing, maintenance and materials used in the creation of the product. It is the total value when making a final purchase.
What is an important part of the total product offer for a product?
packaging...
When total product remains constant the marginal product will be?
Zero
When the price of a product rises and the total revenue of sellers increase?
You have an inelastic product.
Define total product and average product?
Total product is a term used to measure exactly how much product is made or sold. Average product is used to compare the making or selling of a product over time.
Define average product?
Average product defined as- dividing total production of inputted variables by number of inputted variables. For example- average product of 3,5,7,9 is-(3+5+7+9)/4= 6.
What is Total Product Cost?
total product that needs to sell to cover total costs
Relationship between Tota Product Marginal Product and Average Product?
Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)
What is the total value of a product?
The total value of a product includes installing, maintenance and materials used in the creation of the product. It is the total value when making a final purchase.
How does marketing add value to a product?
Product has 3 parts which is core product, total product and amendment product and marketers add value to total product. Core product comes from manufacturer which is nothing to do with marketing and amendment product means warranty. how do they add vale to total product? it can be packaging, advertising, designing for changing customer behavior.
What are the sum and the product of a number?
The sum is the total when numbers are added together, the product is the total when they are multiplied.
Relationship between total and marginal product?
Total product is the sum of all marginal products.
What is Formula for residual defect density in QA?
No. of know defects in product/ size of the product Size of product: Total lines of Code or Total FP's
Is an important part of the total product offer for a product?
packaging...
What is the equation for average product?
the total product divided by quantity
What is an important part of the total product offer for a product?
packaging...
