A production function relates the amount or volume of output to the various inputs of labor, material and equipment.( )
举一反三
- The production function is the A: increase in the amount of output from an additional unit of labor. B: marginal product of an input times the price of output. C: relationship between the quantity of inputs and output. D: shift in labor demand caused by a change in the price of output.
- For example, the amount of output Q may be derived as a function of various input factors x1,2,..,x, by means of mathematicalstatistical methods.
- Resource categories in the resource breakdown structure include ( ) A: Labor B: Material C: Equipment D: Supplies
- Resource<br/>categories in the resource breakdown structure include () A: Labor B: Material C: Equipment D: Supplies
- Marginal product of labor is the increase in the amount of output from an additional unit of labor. A: right. B: wrong.