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Which of these in example of labor factor of production?

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What is production function with one variable input?

The production function for a firm is the relationship between the quantities of inputs per time period and the maximum output that can be produced. It can be calculated for one or more than one variable factors of production. The one variable factor of production function corresponds to the short-run during which at least one factor of production is fixed .


What are Important elements of lead time of a purchase order?

Plan material and capacity -->Purchase Materials --> Set up Production --> Production --> Deliver.


A period of very slow economic activity?

A recession in basic terms. It is when the economy slows down. It is when people stop buying/selling/trading. The economy is the over all general money in a way and when it "slows down" the money gets lesser and everyone gets poorer. Economy means the system of production and distribution and consumption so when there is slow economic activity there is less of all of those. A period of slow economic activity is an amount of time where there is less production, distribution, and consumption. Generally causing a lack of money. The Great Depression was a recession in the USA and there was a lack of money because there was a lack of the system of production and distribution and consumption.


How are conifers economically important?

Conifers are economically important because of their efficient production of lumber. Hardwoods are more difficult to process, too expensive, and the trees take a long time to replenish.

Related Questions

What practices will likely reduce consumption and production in Western Europe?

In the modern age, production and consumption are at an all time high in Western Europe. The idea of getting back to a simple lifestyle should reduce both production and consumption after some time.


What are the importance of resources?

time and factor are two important factor of resources


What is the total amount of organic matter that a community produces in a given time for consumption by heterotrophs?

Net primary production


Why does the US depend on foreign oil?

In c. 1952 oil consumption in the US exceeded domestic production for the first time.


HOW TO CALCULATE ON STREAM FACTOR?

To calculate the on-stream factor (OSF), divide the time a piece of equipment or facility is actively producing (on-stream time) by the total time available for production (total time). The formula is OSF = (On-stream Time / Total Time) × 100%. This factor is often expressed as a percentage and helps assess the efficiency and reliability of production processes. Regular monitoring can identify areas for improvement in operational performance.


What statistics on garnet consumption and production between 1999 and 2003 are available?

Although consumption over this time period grew from 33.7 million metric tons to 58.9 million metric tons, production declined from 60.7 million metric tons to 38.7 million metric tons


Which of these in example of labor factor of production?

This question cannot be answered at this time. In order for this to be answered you will have to give me choices.


What is production function with one variable input?

The production function for a firm is the relationship between the quantities of inputs per time period and the maximum output that can be produced. It can be calculated for one or more than one variable factors of production. The one variable factor of production function corresponds to the short-run during which at least one factor of production is fixed .


What is an important factor in the initiation of labor?

An important factor in the intiation of labor is that the fetus is completely developed. The body will know when it is time and the cervix will begin to thin and efface.


India would phase out the production and consumption of the controlled ODS ozone-depleting substances within the time frame and limits specified in the?

Basel covention


Why is Production management a continuous decision in organisations.?

Business is dynamic. Production is or should be a factor of demand. The higher the demand, the higher the production. Specific requirements from customers can also influence the production. Nothing in business will remain static for a long time. That is why Production Management is a continous dicision in organizations.


How can the rate of photosynthesis be measured?

The rate of photosynthesis can be measured by tracking the production of oxygen, the consumption of carbon dioxide, or the production of glucose in a plant over a period of time. These measurements can be taken using tools such as a gas exchange analyzer or a spectrophotometer.