Wikipedia foundation.

Look at other dictionaries:

  • Isoquant — ImageStackRight|270 In economics, an isoquant (derived from quantity and the Greek word iso [meaning equal] ) is a contour line drawn through the set of points at which the same quantity of output is produced while changing the quantities of two… …   Wikipedia

  • Isoquant Curve — A graph of all possible combinations of inputs that result in the production of a given level of output. Used in the study of microeconomics to measure the influence of inputs on the level of production or output that can be achieved. In Latin,… …   Investment dictionary

  • Изокванта — ISOQUANT CURVE Кривая, изображающая различные сочетания двух факторов, используемых для производства данного количества продукции при неизменном уровне технологических достижений. Рассмотрим график: Например, фермер может произвести  50 т зерна,… …   Словарь-справочник по экономике

  • Isocost — In economics an isocost line represents a combination of inputs which all cost the same amount. Although similar to the budget constraint in consumer theory, the use of the isocost pertains to cost minimization in production, as opposed to… …   Wikipedia

  • production, theory of — ▪ economics Introduction       in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw… …   Universalium

  • Production theory basics — In microeconomics, Production is simply the conversion of inputs into outputs. It is an economic process that uses resources to create a commodity that is suitable for exchange. This can include manufacturing, storing, shipping, and packaging.… …   Wikipedia

  • Production function — Graph of Total, Average, and Marginal Product In microeconomics and macroeconomics, a production function is a function that specifies the output of a firm, an industry, or an entire economy for all combinations of inputs. This function is an… …   Wikipedia

  • Marginal rate of technical substitution — In economics, the Marginal Rate of Technical Substitution (MRTS) or Technical Rate of Substitution (TRS) is the amount by which the quantity of one input has to be reduced ( − Δx2) when one extra unit of another input is used (Δx1 = 1), so that… …   Wikipedia

  • PRODUCTION ET SURPRODUCTION — Les biens directement utilisables n’existant, dans la nature, qu’en quantité limitée, la survie et le développement de l’espèce humaine n’ont été possibles qu’au prix de la mise en œuvre par le travail des ressources disponibles. La finalité de… …   Encyclopédie Universelle

  • Изокванта — (isoquant) Комбинации затрат, которые могут быть использованы для определенного уровня выпуска; может быть представлена кривой на графике. Сама концепция аналогична концепциям кривой безразличия (indifference curve) и теории потребления (consumer …   Словарь бизнес-терминов

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.