Marginal Product
Under Law of variable proportion: only one variable input varies all other variable kept constant. Under Law of Return to Scale: All the variable inputs varies except the enterprise. Law of variable proportion is for short period; law of return to scale is for long period. Law of variable proportion shows the relationship if one variable input increase (eg: Labour) by keeping all other variable constant; total product and marginal product increase upto a certain point after that it will increase at a diminishing rate. it shows in three stage first increase then constant and then decrease. Law of return to scale shows the relationship between inputs and output at three different stages: 1. output increase more than inputs, 2. output and input are constant, 3. output is less than proportionate input.
what is relationship between change in input and output. In the return's to scale (long term concept) all the factor are variable but in the variable proportions are some factor variable and some factors are fixed.
A computer mouse is an input device
Productivity
The efficiency is output divided by input.
the input variable is called the independent variable and the output variable is called the dependent variable.
The change in the input value is equalto the change in the output value.
Usually x (independent) variable is the input and y (dependent variable) is the output.
Usually x (independent) variable is the input and y (dependent variable) is the output.
You cannot.
The independent variable. The output variable is dependent on this variable's value and so is called the dependent variable.
No.
input and output
It is false. ... .of yhe value of the nation`s output and the value of the income generated bybthe production of that output.
A variable that causes change in the output of a system. In a RC circuit, for example, the input V is the excitation variable
The input or output of a continuously variable signal within a designated range is a sampled data or a feedback system. This accepts limited analog signal and encodes.
A variable that causes change in the output of a system. In a RC circuit, for example, the input V is the excitation variable