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To maximise profits, the quantity of output reached (supply) must be lesser than the demand, increasing the value and consequently the price of a certain good or service.

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What is the quantity of output of this equation The numbers are not filled and you have to answer the numbers for the dollar signs and to do this you have to use the quantity of output formula.$$$10?

The answer is the quantity of the two numbers


How do you caculate productivity?

productivity=output quantity/input quantity


How would you describle the quantity and quality of output generated by a former employee?

How would you describe the quantity and quality of output generated by the former employee


What is quantity of output?

The quantity of output refers to the total amount of goods or services produced by a business during a given time period. It is often measured in units such as products, widgets, or services completed. Increasing the quantity of output generally leads to higher revenue and profitability for a business.


What is mean Quantity of work output?

Quantity of work output refers to the amount of work or tasks completed within a specific time period. It is a measure of productivity and efficiency in terms of how much output is generated from the input of resources such as time, labor, and materials. Increased quantity of work output often indicates higher levels of performance and effectiveness.


What is the productivity formula?

Productivity can be defined as the ratio of financial output in a particular interval of time to the financial input in the same time interval.Total productivity = Output quantity / Input quantity


What is real output?

Real output represents quantity, not the actual value of the dollar, and of goods and services made.


What is TP in economics?

The abbreviation for total product, which is the total quantity of output produced by a firm for a given quantity of inputs.


What happens to the equilibrium wage and quantity of labor if output rises?

The equilibrium wage falls and the equilibrium quantity of labor rises


What is a quantity usually expressed as a percentage that measures the ration of work output to work input?

Efficiency is a quantity usually expressed as a percentage that measures the ratio of work output to work input. It shows how much of the work input is successfully converted into useful work output.


How do indivisible inputs affect production cost?

when the production process requires the use of indivisible input, the average cost of production increases as output decreases. This is because the cost of the indivisible input will be be spread over a smaller quantity output. so to gain maximum returns,the output quantity must be regulated such that the quantity of indivisible input will more or less all be used up to manufacture that amount of output. cheers, mishaal


Describes the situation that occurs when the equilibrium quantity has been reached?

There is no surplus or shortage