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Q: What is the relationship between input and the output in economics?
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Related questions

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.


What relationship between input and output?

There need not be any relationship.


What is the relationship between an input and output called?

A function.


What is Physical relationship between input and output called?

is unknown


What shows the relationship between input and output documents?

Design


A rule that establishes a relationship between input and output?

Relation


Which shows relationship between work input and work output?

The relationship between work input and work output is defined by the efficiency of a system. Efficiency is a measure of how well a system converts input work into output work and is calculated as the ratio of output work to input work. A higher efficiency indicates a more effective conversion of work input to work output.


What is a relationship between two quantities called input and output?

Function


Is the relationship between input n output is known as production function?

yes


What is an input-output relationship that has exactly one output for each input?

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 an expression that describes that describes the relationship between each input and output?

function rule