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The inputs refers to things that come into an economy they are usually raw materials. The outputs on the other hand refer to the finished goods.
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In economics the best definition of technology is?
The process a firm uses to turn inputs into outputs.
What is the difference between internal economics and external economics in managerial economics?
There's a lot of difference between Internal Economics And Managerial Economics. Internal Economics: It is economics related to an individual firm...where it is the practice of day to day operations in medium of puting various amount of inputs for a desireable output. Managerial Economics:It is the economics which is the practice of managing the firm,by divsion of labour and application of certain principles of management in day to day work.
A production possibilities frontier is a simple model of?
inputs and outputs
Difference between internal and external inputs?
internal input is the one where we give inputs as well and external input is the clock input
Different between traditional economic and managerial economic?
This is kind of a hard to answer just because of the large generality of "traditional economics". When you say this, most people think of things such as the stock market, national spending, and gross domestic product, all studied in macroeconomics. This also studies supply and demand and how firms reach equilibriums.However, in managerial economics, you study things such as price discrimination, how to set prices and outputs to maximize profits, pricing strategies, mergers, and production inputs. These are things that are considered things needed to know by managers (hint the name managerial economics).
Difference between truth table and excitation table?
truth table contains inputs and excitation table takes outputs as inputs
In economics the best definition of technology is?
The process a firm uses to turn inputs into outputs.
What are the inputs and outputs for a fan?
The number & types of inputs & outputs will vary with the complexity of the VFD & serve as a means of comparison between manufacturers of variable frequency drives. VFD inputs & outputs are either digital or analog signals. Digital inputs & outputs have two states (either on or off), while analog inputs & outputs have many states that vary across a range of values.
What is the difference between inputs and outputs in business?
Every production company adds value to the material it purchases in order to sell those at a profit. Thus inputs are everything necessary to add value to a product and outputs are the products that can be sold after the value has been added.
What is the difference between differential and linear cryptanalysis?
The main difference from linear attack is that differential attack involves comparing the XOR of two inputs to the XOR of the corresponding outputs.
How many number of inputs and outputs will a full adder will have?
3 inputs and 2 outputs
What term implies the logical relationship between the inputs and the outputs?
Transfer function.
Difference between analog simulator and digital simulator?
The big difference is inputs and outputs. Digital ICs expect high/low true/false inputs and outputs. Analog ICs take any inputs, and produce outputs of any level. For example, an audio amplifier is an analog IC. It takes an analog input (sound), and produces an analog output (louder sound). A ripple counter is an example of a digital IC. It takes a digital input (clock pulses), and produces a number of digital outputs (the digital outputs of the flip flops, collectively representing a number in binary).
The difference between fixed and variable inputs?
difference between fixed and variable inputs
What are some transformation processes from inputs into outputs?
Facilities and staff are some transformation processes from inputs into outputs.
What is the difference between software that is determinate and software that is indeterminate?
<1>. Software that is determinte: the order and timing of its inputs, processing, and outputs is predictable. <2>. Software that is indeterminate: the order and timing of its input, processing, and outputs is not predictable in advance.
What is the difference between internal economics and external economics in managerial economics?
There's a lot of difference between Internal Economics And Managerial Economics. Internal Economics: It is economics related to an individual firm...where it is the practice of day to day operations in medium of puting various amount of inputs for a desireable output. Managerial Economics:It is the economics which is the practice of managing the firm,by divsion of labour and application of certain principles of management in day to day work.
