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What else can I help you with?
What is the relationship between average product and average variable cost?
There is an inverse relationship between the two. The formula for showing this is AVC=1/APL. Using this formula you will be able to figure out each one.
How do you calculate the reorder level?
The following formula can be used to find the reorder levels:Normal stock plus the product of average demand and lead time is the formula for the reorder level.
When is average product at its maximum?
The average product (AP) is at its maximum when the marginal product (MP) equals the average product. This point occurs because, before reaching the maximum, the marginal product is greater than the average product, which pulls the average up. Once the marginal product falls below the average product, it begins to pull the average down. Thus, the maximum average product occurs at the point where MP intersects AP.
Draw a diagram with marginal product and average productExplain the relationship between marginal product and average product?
Marginal product is any input in the production process is the increase in the quantity of output obtained from on additional unit of the input. Average product is the output produced when one more unit of the variable factor is employed The relationship is state as: If labour's marginal product is exceed its average product that means labour's average product will be rising. Labour's average product will be falling. If labour's marginal product is less than its average product. If labour's marginal product is equal its average product and the average product will reach the minimum value at the point.
Why marginal product curve intersect the average product curve at the maximum?
of average product.
What is the method to calculate the average rate of reaction in a chemical process?
To calculate the average rate of reaction in a chemical process, you can use the formula: Average Rate (Change in concentration of reactant or product) / (Time taken for the change). This formula helps determine how quickly a reaction is progressing over a specific period of time.
Relationship between Tota Product Marginal Product and Average Product?
Average Product = (Total Product) / (Labor) Marginal Product(2) = (Total Product)(2) - (Total Product)(1)
Chemical formula for the product sodium iodide?
Formula: NaI
What is the noise reduction rating formula used to calculate the effectiveness of a product in reducing noise?
The noise reduction rating (NRR) formula is used to measure how well a product reduces noise. It is calculated by taking the average decibel level of a noise source and subtracting the NRR value of the product. The result is the estimated noise level experienced by the user.
How do you calculate averadge product?
Average product is calculated by dividing the total output produced by a firm by the number of units of a variable input used in the production process. The formula is: Average Product (AP) = Total Output (Q) / Quantity of Variable Input (L). This measure helps assess the efficiency of input usage in producing goods or services.
Is H2O an example of a formula or a product?
no
What is the chemical formula of a by-product of the reaction in a fuel cell?
One common by-product in a fuel cell is water. The chemical formula for water is H2O.
