Examples of using Production function in English and their translations into Hungarian
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Computer
Production function is given by q= KL.
Where α is the(Cobb- Douglas) production function coefficient.
Production function, costs, cost functions. .
The Cobb-Douglas production function is as follows.
Technological progress manifests itself in the change in production function. .
Cobb-Douglas Production Function: Description.
This type of automation implements some supervisory functions rather than production functions.
Using the Cobb-Douglas production function, we have that.
The O-ring production function conceives of the work as a series of interlocking steps, links in a chain.
Short-run and Long-run production function.
This model yields a production function where output depends both on conventional factors and the number of product varieties imported.
Macroeconomic scenario based on the production function approach.
Input is the starting point and output is the end point of production process andsuch input-output relationship is called a production function.
Assuming a Cobb-Douglas production function, we obtain the following.
The problem is in principle solvable since one has n unknown labourvalues related by a set of n linear production functions.
Starting from a Cobb Douglas production function, output growth can be expressed as follows.
The parts industry is essential to the use of modern technical equipment andtools to the series production function properly.
Keywords: EU, R&D intensity, production functions, combination of production factors.
The dream of an extremely flexible production structure would be that workstations are standingfreely in the production hall grouped by certain production functions.
For example if the specific Cobb-Douglas production function is estimated as.
Although the serotonin production functions of 5-HTP make it theoretically possible for it to act as a cure for depression, the practical evidence is insufficient to effectively prove the theory.
Put in other words: the objective is to create a production function for yield estimation.
We estimate this import-augmented production function with the Olley and Pakes(1996) procedure, and find that increasing the fraction of product varieties imported from 0 to 100 percent leads to a productivity gain of 14 percent.
Melville, Kraemer and Gurbaxani[2004]distinguished between studies based on whether research was built on production functions, process-based models or characteristics of resources.
Related theories: Economics- production functions- stock market event study methodology Strategy 2 2.
Despite the view of experts that‘there is significant uncertainty around any estimate of the output gap' and the fact that‘it would be unwise to base an assess- ment of economic prospects on any single approach alone'48,the ECOFIN Council did adopt such a single approach: the production function methodology.
An ingenious metaphor for this tragic setting is the O-ring production function, named by Harvard economist Michael Kremer after the Challenger disaster.
However, Kudyba and Diwan[2002]based on some of their predecessors attempted to determine the coefficients of the IT resource in production functions for the period, whereby they arrived at positive results also indicating improvement in productivity.
In addition, Gurbaxani Melville Kraemer[2000] have concluded that the IT production function shows a Cobb Douglas shape at the level of both the company and the economy and that the ratio of hardware and other personnel resources is permanent in size and time.