Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Illustrate the measurement of inputs and outputs in production technology?
Measurement of Inputs and Outputs in Production Technology
This is generally most satisfactory to think of the inputs and outputs as being measured into terms of flows as: a specific amount of inputs per the period are utilized to produce a specific amount of outputs per unit the period at certain location. This is a good idea to explicitly comprise the time and location dimensions in a requirement of inputs and outputs. The level of detail which use into specifying inputs and outputs will depend onto the problem at hand, although remain aware of the actuality that an exact input or output good can be specified into arbitrarily fine detail. Nonetheless, when discussing technological choices in the abstract, this is common to omit the time and location dimensions.
different btn elesticity of demand and inelasticity of demand
how to solve min (x+y/2, 2y+3x, 3x)
GDP Price Level At the equilibrium level of income aggregate spending in the economy equals aggregate output. All along, we have assumed that the general price level remains un
Economic Rent - Economic rent is difference between what firms are willing to pay for the input less the minimum amount required to obtain it. * An Example - There are tw
Problem 1 (a) Explain the evolution of exchange rate system in Mauritius. (b) According to you, what factors determine exchange rates in the long run? Problem 2 "Inf
define and explain the concept of social efficent production
Extracellular digestion is that in which food breaking into utile molecules that can be internalized by the cell is completed in the extracellular space, i.e., outside the cell. In
whit is mean super normal profit
how does it work ? Say it to me !
what is the relevance of microeconomic analysis in contemporary Nigerian economy
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd