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What is the relationship between an input and output called?
A function.
What relationship between input and output?
There need not be any relationship.
A rule that establishes a relationship between input and output?
Relation
What is an expression that describes that describes the relationship between each input and output?
function rule
Explain the difference between diminishing return of scale and economies of scale Provide examples if necessary diminishing return of scale?
Diminishing return of scale is a short run concept. It explains the relationship between the rate of output with increaring inputs of production. Economies of scale, on the other hand, explains the relationship between the LR average cost of producing a unit of good with increasing level of output. Diminishing return of scale is a short run concept. It explains the relationship between the rate of output with increaring inputs of production. Economies of scale, on the other hand, explains the relationship between the LR average cost of producing a unit of good with increasing level of output.
What is the relationship between two quantities for each input there is exactly one output.?
The relationship is called a surjection or a surjective function.
What is the relationship between an input and output called?
A function.
How do you calculate the constant of proportionality?
The constant of proportionality can be calculated by dividing the output variable by the input variable in a proportional relationship. It represents the ratio between the input and output quantities in the relationship. This constant remains the same throughout the relationship.
What is Physical relationship between input and output called?
is unknown
What relationship between input and output?
There need not be any relationship.
What do you mean by production function?
The relationship between the amount of input required and the amount of output that can be produced with the help of them is called the production function. It specifies the maximum output that can be produced with a given quantity of inputs for a given level of engineering or technical knowledge. Let, a firm produced only one type of output with two inputs (L, K). Thus, the general equation of this simple production function is Q=f(k, L)---------(i) Eqn (i) reads: the quantities of output is a function of or depends on the quantities of labor and capital used in production.
What is the relationship between total fixed cost and output?
What is the relation ship between total fixed cost and output?
What production function explain relationship between?
output and exports
What shows the relationship between input and output documents?
Design
A rule that establishes a relationship between input and output?
Relation
What is returns to scale in economics?
Returns to scale refer to a special relationship between output and input. During production, this relationship refers to the connection between the changes that occur with the output and those that began in the input.
Which two variables depicted on the production function depictes a relationship?
: It depicts a relationship between output and a given input.
