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Factor of production |
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Factor of productionFactor (definition 1).Similar MatchesNeoclassical production functionNeoclassical production functionA production function with the properties of constant returns to scale and smoothly diminishing returns to individual factors. Production flow commitmentProduction flow commitmentAn agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. Production rateProduction rateThe coupon rate at which a pass-through security guaranteed by Ginnie Mae is issued. Production possibility frontierProduction possibility frontierA diagram showing the maximum output possible for one good for various outputs of another (or several others), given technology and factor endowments. Also called a transformation curve or production possibility curve. Production Cost AdvantageProduction Cost AdvantageA source of competitive advantage that depends on producing some product or service at the lowest cost. Further SuggestionsIndustrial productionProduction function Nonproduction worker Current production rate Production externality Production possibility curve Production worker Edgeworth Production Box Multistage production Production possibilities schedule Neighborhood production structure |
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