Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback

average physical product

Owned by Dennis Daggett (Deactivated)
2018-02-17
1 min read

Average physical product is a concept related to the production function and represents the average amount of output produced by a given amount of variable input, i.e., output divided by input.

Authorization Path: 2.5.6.4.26.0

Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback