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What are the inputs to make a product?

Money, people, materials


What is a business that changes basic inputs into products?

service business service business service business


What is the process that converts input into a final product or service?

The process that converts input into a final product or service is called the production process. It involves a series of steps that transform raw materials or resources into a finished product or service through various activities such as designing, manufacturing, quality control, and distribution. Each step in the production process adds value to the inputs until they are transformed into the final output.


Distinguish between change in demand and change in quantity demanded with the aid of a diagram?

A change(shift) in demand refers to a change in the amount of a product or service demamded in regards to changes in expectations,income,demographics,substitutes and expectations and will cause a "shift" in the demand curve. A change in quantity demanded refers to a change of the inputs(resources required to produce that good or service) required to produce the goods or services being demanded. If the price of producing the good or service changes then the quantity demamded will "change" causing a movement along the demand curve.


AND 20013 and 222692?

The binary AND operation has two inputs and one output.The binary AND operation will always produce a 1 output if both of its inputs are 1 and will produce a 0 output if one or both of its inputs are 0.In binary20013 = 100111000101101222692 = 110110010111100100When you perform an AND on these you get17444 = 100010000100100


Factors that influence the elasticity of supply?

1. Flexibility of inputs 2. Mobility of inputs 3. Availability to produce substitutes 4. Time


How do you find a product of a decimal number?

A single number cannot have a product: a product is the result of a BINARY OPERATION and this means that it must have two inputs.


What is meant by the term 'inputs credit scheme'?

An Inputs credit scheme is an arrangement between a farmer and a contractor where the contractor provides inputs on credit to be repaid on sale of produce by the farmer.see also contract farming.


What does scale of operation mean?

= What is the size of the operation


What is the term for the ability to produce a good using fewer inputs than any other producer?

The term for the ability to produce a good using fewer inputs than any other producer is called "productive efficiency."


Classification of inputs in economics?

-these are inputs that do not change with the volume of production.This means, wheter you produce or not, these factors of production are unchanged. -these inputs change in accordance with the volume of production. NO production means NO variable inputs, while more production means more variable inputs. -sage- :P e-add: sage.ronquillo@yahoo.com


What material or energy goes into a system?

Materials or energy that go into a system are considered inputs. These inputs are necessary for the system to function and produce the desired output. Inputs can include raw materials, labor, fuel, electricity, etc.