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The performance of a particular productive task within an economic system?
A productive task within an economic system usually benefits many individuals within the system. The performance of these tasks will ultimately improve the economy in the long term.
What is economic justification?
Economic justification is used to measure a return on an investment. The term is most often used in regards to material handling and how it impacts a company financially.
Why do economics measure the gross domestic product?
Economists use real GDP per capita rather than simply real GDP. This is because population growth is an important variable (per capita), and so, real GDP per capita is the more accurate measurement of the GDP.
If choosing something means you give up something else what is the economic term for this?
The economic term for the cost of a choice is the opportunity cost.
What economic term for what you lose when using resources for something else?
The economic term for what you lose when using resources for something else is known as opportunity cost.
What is the term for using a set of conditions to measure the performance of hardware in a network?
Benchmark is the term for using a set of conditions to measure the performance of hardware in your network.
What does accuracy mean in term?
In term of Science : Accuracy is how close a numerical measure is to its actual value. In term of mathematics : the number of significant figures given in a number
The performance of a particular productive task within an economic system?
A productive task within an economic system usually benefits many individuals within the system. The performance of these tasks will ultimately improve the economy in the long term.
What is economic justification?
Economic justification is used to measure a return on an investment. The term is most often used in regards to material handling and how it impacts a company financially.
What does the term "IP" mean in baseball and how is it used to measure a pitcher's performance?
In baseball, "IP" stands for innings pitched. It is a statistic used to measure a pitcher's performance by counting the number of innings they have pitched in a game or season. This helps determine how effective and durable a pitcher is on the field.
What has the author Keith Jefferis written?
Keith Jefferis has written: 'The long term impact of structural economic change on government spending' -- subject(s): Government spending policy, Economic conditions 'Measuring the performance of worker co-operatives'
Why do economics measure the gross domestic product?
Economists use real GDP per capita rather than simply real GDP. This is because population growth is an important variable (per capita), and so, real GDP per capita is the more accurate measurement of the GDP.
What is a key peformance indicator?
Earnings and earnings/revenue growth. --------------------------------------------------- A performance indicator or key performance indicator (KPI) is a measure of performance. Such measures are commonly used to help an organization define and evaluate how successful it is, typically in terms of making progress towards its long-term organizational goals.
What does the term "quality start" mean in the context of baseball?
In baseball, a "quality start" is when a pitcher completes at least six innings and allows three or fewer earned runs. This term is used to measure a pitcher's performance in a game.
How does risk management impact organizational performance?
how do you understand by the term performance
What is the term used for the measure of frequency?
The term used for the measure of frequency is "Hertz (Hz)".
What is the term for live art?
A live performance of art is called Performance Art.
