production theory

production theory
теория производства

English-russian dctionary of contemporary Economics. 2014.

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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 theory basics — In microeconomics, Production is simply the conversion of inputs into outputs. It is an economic process that uses resources to create a commodity that is suitable for exchange. This can include manufacturing, storing, shipping, and packaging.… …   Wikipedia

  • Cost-of-production theory of value — In economics, the cost of production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production… …   Wikipedia

  • Cost of Production Theory of Value — ˌCost of Proˌduction ˌTheory of ˈValue noun [singular] ECONOMICS a 19th century economic idea, saying that the value or price of something depends only upon the cost of making or growing it. This idea is now seen as too simple, especially because …   Financial and business terms

  • 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 — 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

  • 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 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-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


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