- Theory of production
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English-Arabic economic glossary.
Theory of production
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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 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
Theory of value (economics) — Theory of value is a generic term which encompasses all the theories within economics that attempt to explain the exchange value or price of goods and services. Key question in economic theory include why goods and services are priced as they are … Wikipedia
Theory of Constraints — (TOC) is an overall management philosophy. Dr. Eliyahu M. Goldratt introduced the Theory of constraints in his 1984 book titled The Goal . It is based on the application of scientific principles and logic reasoning to guide human based… … Wikipedia
Theory (brand) — theory (marketed in lower case letters) is a New York based men s and women s contemporary better sportswear fashion label known for its clean line and luxuriously simple clothes and accessories. theory merchandise is sold through signature… … Wikipedia
theory — theo‧ry [ˈθɪəri ǁ ˈθiːəri] noun theories PLURALFORM 1. [countable] an idea or set of ideas that is intended to explain why something happens or how it works: theory of • The book is called An Evolutionary Theory of Economic Change . • The theory… … Financial and business terms
Theory-based semantics — is a phrase used by Richard L. Ballard to describe knowledge representations that are based on the premise that the binding element of human thought is theory, and that theory constrains the meaning of concepts, ideas and thought patterns… … Wikipedia
theory — theory, social theory A theory is an account of the world which goes beyond what we can see and measure. It embraces a set of interrelated definitions and relationships that organizes our concepts of and understanding of the empirical world in a… … Dictionary of sociology
Theory of the firm — The theory of the firm consists of a number of economic theories that describe the nature of the firm, company, or corporation, including its existence, behavior, structure, and relationship to the market.[1] Contents 1 Overview 2 Background … Wikipedia
Theory of constraints — Part of a series of articles on Industry Manufacturing methods Batch production • Job production Continuous production Improvement method … Wikipedia
