when an increase in investment is due to increase in current level of income and production, it is known as induced investment The autonomous invesment is generally associated with such factors as the introduction on new techniques or products, the development of new resources or the growth of population and labour force
because yes
Only two products can be shown on a single production possibilities graph
According to my business 100 class they are Time utility: Production makes products available when consumers want them. Place utility: Production makes products available where they are convenient for consumers Ownership (possession) utility: Production makes products available for consumers to own and use. Form utility: By turning raw materials into finished goods, production makes products available in the first place.
for profit maximization,because cost of production of products is costly therefore price is high to cover the cost of production
when an increase in investment is due to increase in current level of income and production, it is known as induced investment The autonomous invesment is generally associated with such factors as the introduction on new techniques or products, the development of new resources or the growth of population and labour force
Large variety of same Products,Profitable Investment,Low labour cost,Flexible System,Speedy Production.
Fuel oil is a blend of heavy intermediate products in a refinery to make a heavy fuel oil. Lube oil is processed from intermediate products to make an oil used for the lubrication of mechanical parts such as car engines, turbines, etc.
The production era was a time of mass production of products for sale. The sales era was the buying of products. The difference between the two was the economics of each era.
There are a few different investment products offered by National Savings. They offer everything from special investment calculators to pens with their name on it.
because yes
They're made by separate people and play separate games. They are both out of production and replaced by better products or they are the names of the products and not the models.
Biotechnology is the use of cells or products of these cells for the service of human. while industrial biotechnology deals with the production of these products on industrial level.
AnswerTo me the difference lies in what is being produced. A product conceptwould be an idea for an item or product. A production concept would be the concept conceived for creating the product.--------------------------------------------------------------------------------------------------------------Production Concept-consumers favor products that are available and highly affordable-improve production and distribution-also known as manufacturing conceptProduct Concept-consumers favor products that offer the most quality, performance, and innovative features
Production concept is the understanding of a products best qualities and features as to show them off. Selling concept is the act of pushing products on customers to ensure the company's products sell.
Batch production involves producing a specific quantity of products at a time before moving on to the next batch, allowing for flexibility in customization and adjustments between batches. Flow production, on the other hand, is a continuous process where products move along a production line with standardized operations, leading to high efficiency and lower unit costs. Batch production is suitable for small-scale or customized production, while flow production is ideal for large-scale, standardized production with high volume output.
George M Lady has written: 'Economic structure, aggregate production functions and the demand for energy as an intermediate product' -- subject(s): Prices, Petroleum products, Supply and demand