economics of production

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• Production–possibility frontier — In economics, a production–possibility frontier (PPF), sometimes called a production–possibility curve or product transformation curve, is a graph that compares the production rates of two commodities that use the same fixed total of the factors… …   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

• Production-possibility frontier — In economics, a production possibility frontier (PPF) or “transformation curve” is a graph that shows the different rates of production of two goods that an economy (or agent) could efficiently produce with limited productive resources. Points… …   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

• Economics of the arts and literature — or, for ease of reference below, cultural economics, is a branch of economics that studies the economics of creation, distribution, and the consumption of works of art and literature. For a long time the arts were confined to visual and… …   Wikipedia

• Economics in One Lesson — is an introduction to free market economics written by Henry Hazlitt and published in 1946, based on Frédéric Bastiat s essay Ce qu on voit et ce qu on ne voit pas ( What is Seen and What is Not Seen ). The One Lesson is stated in Part One of the …   Wikipedia

• Economics U$A — Economics USA is a telecourse series covering the subjects of microeconomics and macroeconomics. The series was produced by the Educational Film Center in Annandale, Virginia, with funding from the Annenberg CPB Project (now Annenberg Media) and… …   Wikipedia

• Production — may be:In Economics: * Production, the act of making products (goods and services) * Production, the act of manufacturing goods * Production as statistic, gross domestic productIn Entertainment: * Production, phase of filmmaking * Production,… …   Wikipedia

• Economics — E co*nom ics ([=e] k[o^]*n[o^]m [i^]ks), n. [Gr. ta o ikonomika , equiv. to h o ikonomi a. See {Economic}.] 1. The science of household affairs, or of domestic management. [1913 Webster] 2. Political economy; the science of the utilities or the… …   The Collaborative International Dictionary of English

• Economics and the Public Purpose — is a 1973 book by Harvard economist John Kenneth Galbraith. Galbraith advocates a new socialism as the solution, nationalising military production and public services such as health care. He also advocates introducing disciplined wage, salary,… …   Wikipedia

• economics — ► PLURAL NOUN (often treated as sing. ) ▪ the branch of knowledge concerned with the production, consumption, and transfer of wealth …   English terms dictionary