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When the market mechanism is allowed to operate freely prices will determine?

The mix of output to be produced, the resources to be used in the production process, and for whom the output is produced


What is output growth?

A growth in the total output produced.


What is the difference between output and out comes?

Output is what is produced. Outcomes are the result of the output


What is a good sentence for output?

The information produced by a computer is called output.


What do you mean by production function?

The relationship between the amount of input required and the amount of output that can be produced with the help of them is called the production function. It specifies the maximum output that can be produced with a given quantity of inputs for a given level of engineering or technical knowledge. Let, a firm produced only one type of output with two inputs (L, K). Thus, the general equation of this simple production function is Q=f(k, L)---------(i) Eqn (i) reads: the quantities of output is a function of or depends on the quantities of labor and capital used in production.


What is the average amount of watts produced by the human body in the form of heat output?

The average amount of watts produced by the human body in the form of heat output is around 100 watts.


What is a store of output that has been produced but not yet sold called?

iventory


What is the energy output of a supernova explosion?

The energy output of a supernova explosion is equivalent to the energy produced by the sun over its entire lifetime.


What is the difference between power output and energy produced?

Power output refers to the rate at which energy is produced or consumed, typically measured in watts or kilowatts. Energy produced is the total amount of energy generated or consumed over a period of time, typically measured in watt-hours or kilowatt-hours. Power output focuses on the rate of energy transfer, while energy produced looks at the total quantity transferred.


What method of output would be best for a resume?

Output refers to information that is produced by a computer or piece of software. The best method of output regarding a resume would be to print it on nice stock.


The measure of the amount of output produced over a specific period of time?

productivity .


What is all of the output produced by a firm?

Total Product