Factor of production

 

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Factor of production

Factor (definition 1).



Similar Matches

Production possibility curve

Production possibility curve

See production possibility frontier.


Production Cost Advantage

Production Cost Advantage

A source of competitive advantage that depends on producing some product or service at the lowest cost.


Current production rate

Current production rate

The highest interest rate permissible on current Government National Mortgage Association, mortgage-backed securities.


Neighborhood production structure

Neighborhood production structure

A structure of technology for a general equilibrium model due to Jones and Kierzkowski (1986). With an arbitrary but equal number of goods and factors, each factor produces two (different) goods, each good uses two (different) factors, in a way that yields more unambiguous results than one normally finds in high-dimension trade models without specific factors.


Neoclassical production function

Neoclassical production function

A production function with the properties of constant returns to scale and smoothly diminishing returns to individual factors.


Further Suggestions

Production possibility frontier
Production worker
Industrial production
Production rate
Production function
Nonproduction worker
Edgeworth Production Box
Production possibilities schedule
Production flow commitment
Multistage production
Production externality


 
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