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Q: What is optimal input substitution?
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The value that results from the substitution of a given input into an expression or function?

The value that results from the substitution of a given input into an expression or function is the output. The value substituted into an expression or function is an input.


What is the optimal combination of inputs and its formula?

optimum combination of input


What has the author Zvi Hercowitz written?

Zvi Hercowitz has written: 'On optimal currency substitution policy and public finance' -- subject(s): Currency substitution, Mathematical models, Public Finance


What is marginal revenue of technical substitution?

The marginal rate of technical substitution refers to the rate at which one input can be substituted for another input without changing the level of output. It can also be defined as the more complete name for the marginal rate of substitution between factors in a production function, sometimes used to distinguish it from the analogous concept in a utility function.


What has the author Martin Bodenstein written?

Martin Bodenstein has written: 'Trade elasticity of substitution and equilibrium dynamics' 'Optimal monetary policy with distinct core and headline inflation rates'


Is the optimum level of production the same as the profit maximization level of output?

"Optimal" can be defined in various ways. When looking from a profit maximization viewpoint, the level of production with the highest (return/cost) ratio will be the optimal. However, when looking purely from a productive viewpoint, the optimal level would be the one with the highest (output quantity/input quantity) ratio


What is the Definition of substitution?

substitution menthod


Perfectly competitive firm in long run equilibrium?

what about them? profits are 0 price=marginal cost all costs are variable optimal allocation of inputs is where marginal rate of technical substitution is equal to the price ratio of the inputs.


What is a sentence using the word substitution?

I can give you several sentences.Use that ingredient as a substitution for the one you don't have.He is going in as a substitution for the quarterback.This is a substitution for the real thing.Margarine could be used as a substitution.


Describe the various fault location techniques that can be used and how they are applied such as half split input to out put function testing unit substitution and equipment self diagnostics?

with a good haircut


Which mutation occurs when one nucleotide is replaced with another base?

Substitution


How does the method of substitution work for definite integrals?

You mean 'u' subsititution? It helps you get the anti-derivative easier, therefore allowing you to input values to get the definite integral. I hope I helped :D