Productivity in Economics is simply the ratio of how much you can produce (Output), based on the resources available (Inputs). This is usually linked to production theory.
Productivity in Economics is simply the ratio of how much you can produce (Output), based on the resources available (Inputs). This is usually linked to production theory.
relationship of health and economics relationship of health and economics relationship of health and economics
efficiency-------------- its not that. i have to say that it is " Productivity"
Productivity is the state or quality of someone to produce. In economics it is the key component of growth.
'Economies of scale' means a proportionate amount of savings accruing from increased productivity.
In economics, the learning effect is the process by which education increases productivity and results in higher wages.
Ray Clarence Fair has written: 'The short-run demand for workers and hours' -- subject(s): Economics, Economics, Mathematical, Employment (Economic theory), Labor productivity, Mathematical Economics, Mathematical models
Esben Sloth Andersen has written: 'Joseph A. Schumpeter' -- subject(s): Economists, Economic history, BUSINESS & ECONOMICS / Economics / Theory, Economics, Neoclassical school of economics, Biography, History 'Eksport, teknologi og forskning' -- subject(s): Commerce, Industrial Research, Industries, Research, Industrial, Technological innovations 'Industriel udvikling og industrikrise' -- subject(s): Industries, Capital productivity, Technological innovations, Industrial productivity, Capital investments
In economics, efficiency and productivity relate to the making of products, both goods and services. Productivity represents the amount of output compared to the effort put into the production of that good. Efficiency on the hand means the amount of time spent in doing the same thing.
Lloyd G. Reynolds has written: 'Wages, productivity, and industrialization in Puerto Rico' 'Macroeconomics' 'Labor economics and labor relations' 'TheA merican economy in perspective' -- subject(s): Economics, Economic conditions 'Programmed learning aid for principles of economics' 'Economics' 'Microeconomics' -- subject(s): Microeconomics
D. K. Sinha has written: 'Economics of industrialisation in India' -- subject(s): Industrial productivity, Industrialization
Resource: cost and availability Other goods' priceTaxes, subsidies and government regulationTechnology(productivity)Expectationsof the producerNumber of firms in the industry