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| Term | Definition |
|---|---|
| Productions | The output of the goods and services. Pruductions involves the resurces(input) being transformed in some qway to produce goods and services(output) |
| Productivity | the rate of output or the relationship between the output aand the input. the productivity of any resources cacn be measured by what it produces in realtion to the amount of resorces used over a period of time |
| Economics of scale | as the scale fo output is increased the effiency in which res |
| Terms | 3 |
| Creator | Gurjeet |
| Created | June 1, 2009 |
| Groups | None |
| Subject | Economics. |
| Access | Anyone |
| Edit | Creator Only |