0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Describe how you can tell by looking at the graph of a function with variable is the input variable and which is the output variable?
You cannot.
When a firm's only variable input is labor then what does the slope of the production function measures?
marginal product of labor
An variable provides the input values of a function?
domain
The abscissa is?
The abscissa is the independent variable (or input) to a function.
How do you graph functions?
Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.
Describe the production function with one variable input and explain the relationship between TPMP and AP curves and the three stages of production?
there are three stages of production mp>ap
Describe how you can tell by looking at the graph of a function with variable is the input variable and which is the output variable?
You cannot.
What is production function with one variable input?
The production function for a firm is the relationship between the quantities of inputs per time period and the maximum output that can be produced. It can be calculated for one or more than one variable factors of production. The one variable factor of production function corresponds to the short-run during which at least one factor of production is fixed .
When a firm's only variable input is labor then what does the slope of the production function measures?
marginal product of labor
Do the dependent variable act as the input of a function and the independent variable act as the output of the function?
No.
What is another name for a input of a function?
Independent variable
An variable provides the input values of a function?
domain
The abscissa is?
The abscissa is the independent variable (or input) to a function.
What is the use of production function?
In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.
Define production function?
Production function refers to the functional relationship between (physical) input and (physical) output
What is an input variable?
an input variable is an input variable
What is the managerial use of production function?
In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.
