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The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
The product market is the market in which firms sell their output of goods and services.
Each firm adjusts its output so that its cost, including profit, are covered.
well in my class it is mostly about exsisting resources
Would it not be a Monopolistic with imperfect market structure
the comparison of a machine's output work toit's
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
Output is always greater than input. The output is multiplied from input.
The result (ratio) of such a comparison is called the efficiency. Note that total energy output must be equal to energy input (conservation of energy); however, what is relevant for this comparison is the useful energy output.
The product market is the market in which firms sell their output of goods and services.
Efficiency is output power divide by input power.
dun know
mechanical efficiency
mechanical efficiency
it is a broad concept and final result..... M.E. is simply defined as the ratio between the market output to the market input multiplied by 100. so, ME= market output or satisfaction / market input or cost of resources X 100
Mechanical efficiency