Expansion
expansion
Total product in economics is all the goods and services produced by a business during a given period of time with a given amount of input.
overall productivity rises.
when the amount of resources increases, the opportunity cost of all goods and services increases
Expansion
expansion
Total product in economics is all the goods and services produced by a business during a given period of time with a given amount of input.
overall productivity rises.
when the amount of resources increases, the opportunity cost of all goods and services increases
amount of goods and services produced in a given amount of time
productivity
the amount of goods and services produced
Weight training increases the amount of Growth Hormone produced by the pituitary gland. The hormone that increases your height.
The Agricultural Revolution was a period of technological improvement and increased crop productivity in farming that occurred in Europe during the 18th century. It was caused by innovations such as the seed drill, crop rotation, and selective breeding of livestock, which resulted in higher food production and population growth.
It is demand that sets the pace for economic growth. Without demand, all the produced goods and services would just sit around being bored. The amount of goods and services produced is a direct indication of demand if you want to look at it that way.
productivity