When.com Web Search

  1. Ad

    related to: formula to calculate productivity rate

Search results

  1. Results From The WOW.Com Content Network
  2. Total factor productivity - Wikipedia

    en.wikipedia.org/wiki/Total_factor_productivity

    Total factor productivity (TFP) is often considered the primary contributor to GDP growth rate. Other contributing factors include labor inputs, human capital, and physical capital. Total factor productivity measures residual growth in total output of a firm, industry or national economy that cannot be explained by the accumulation of ...

  3. Productivity - Wikipedia

    en.wikipedia.org/wiki/Productivity

    Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. [1]

  4. Marginal product of labor - Wikipedia

    en.wikipedia.org/wiki/Marginal_product_of_labor

    Variable costs (VC) are the costs of the variable input, labor, or wL, where w is the wage rate and L is the amount of labor employed. Thus, VC = wL. Marginal cost (MC) is the change in total cost per unit change in output or ∆C/∆Q. In the short run, production can be varied only by changing the variable input.

  5. Marginal product - Wikipedia

    en.wikipedia.org/wiki/Marginal_product

    Average physical product (APP), marginal physical product (MPP) In economics and in particular neoclassical economics, the marginal product or marginal physical productivity of an input (factor of production) is the change in output resulting from employing one more unit of a particular input (for instance, the change in output when a firm's labor is increased from five to six units), assuming ...

  6. Diminishing returns - Wikipedia

    en.wikipedia.org/wiki/Diminishing_returns

    This formula is important to relate back to diminishing rates of return. It finds the change in total product divided by change in labour. The marginal product formula suggests that MP should increase in the short run with increased labour. In the long run, this increase in workers will either have no effect or a negative effect on the output.

  7. Cobb–Douglas production function - Wikipedia

    en.wikipedia.org/wiki/Cobb–Douglas_production...

    Wire-grid Cobb–Douglas production surface with isoquants A two-input Cobb–Douglas production function with isoquants. In economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs (particularly physical capital and labor) and ...

  8. Productivity (ecology) - Wikipedia

    en.wikipedia.org/wiki/Productivity_(ecology)

    In ecology, the term productivity refers to the rate of generation of biomass in an ecosystem, usually expressed in units of mass per volume (unit surface) per unit of time, such as grams per square metre per day (g m −2 d −1). The unit of mass can relate to dry matter or to the mass of generated carbon.

  9. Productivity model - Wikipedia

    en.wikipedia.org/wiki/Productivity_model

    Productivity in economics is usually measured as the ratio of what is produced (an aggregate output) to what is used in producing it (an aggregate input). [1] Productivity is closely related to the measure of production efficiency. A productivity model is a measurement method