Divide the total product by the input of labor to find the average product. Altering the number of workers will change the output, or total product.

Input Determines Output: Building a Protein Expression Platform Integrating best practices in AI, genomics, cell culture, and laboratory techniques together contribute to protein expression success ...

This paper proposes a data-driven identification of bank outputs and inputs using the directional technology distance function. While previous applications of this tool used symmetric expansion or ...

Recall that a function can be thought of as a machine which takes an input in (say x) and then depending on what that input is, it returns an output (say y) by some predefined rule (say f). The graph ...

Muhammad Ali Chaudhary, Mushtaq Ahmad Khan, Kaukab Hassan Naqvi, Munir Ahmad, Estimates of Farm Output Supply and Input Demand Elasticities: The Translog Profit Function Approach [with Comments], The ...

Abstract This paper proposes a three-stage efficient GMM estimation algorithm for estimating firm-level production functions given spatial dependence across firms due to supplier/customer ...