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.
Perfectly Competitive Markets * Characteristics of Perfectly Competitive Markets 1. Price taking 2. Product homogeneity 3. Free entry and exit * Price Taking
marginal conditions of pareto efficeincy
Special Drawing Rights: SDRs are entitlement granted to member countries enabling them to draw from the IMF apart from their quota. It is similar to a bank granting a credit l
why is the concept of elasticity crucial to the study of economics?
explain and illustrate the changing demand for big mac using indefference curve and budget line
Describe what the price elasticity of demand is and why it is of interest in examining markets. Might it be beneficial in the airline industry? Why?
Q. What do you meant by Multinational Corporation? Multinational Corporation: A multinational corporation (MNC) is a company that directly undertakes productive facilities or o
Relation between TP and MP: Graphically, given the total product curve, MP is the slope of the tangent at any point on the TP curve. This is shown in Figure. See that
How is the foreign exchange rate determined
veblen effect
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd