0
Total product is the technological knowledge that determines the relationship between combinations of inputs and the maximum possible output that can be produced using them.
eg. the total product of 5 units of labour and 2 units of capital is 8 units of a particular good
Add your answer:
Earn +20 pts
What is the best definition of gross domestic product?
Gross Domestic PRoduct is the total amount of money per year
What is the definition of gross domestic products?
Gross Domestic PRoduct is the total amount of money per year
Definition of total product?
Total product refers to the overall quantity of output produced by all units of a factor of production (such as labor or capital) over a specific period of time. It measures the total output generated by a given level of input.
What is the definition of product usage?
The definition of product usage is how a consumer uses a certain product. This is done by testing a product.
Define total product?
It is a product that is total
What is the marketing definition of a product map?
The marketing definition of a product map is the strategy that will be employed so as to push a product into the market. This is also defined as perceptual mapping.
What is the definition of Level of sales?
i think level of sales is that total unit of product in manufacturing company. it mostly use to calculate a break even unit.
Definition of product in math terms?
The definition of a product is the outcome number of two or more numbers that have been multiplied by each other.
What is Total Product Cost?
total product that needs to sell to cover total costs
What is the product of a number and its recprocal?
The product of a number and its reciprocal is always 1 - by definition.
What is the definition of a niche product?
A Niche Product is the product that is accurately fashioned to foregather the requirements of that primary segment.
Definition of product presentation?
sterling adgate
