Firms And Production
Gbogbo ọrọ náà
Why does one factory churn out millions of identical bottles while a tailor sews a single suit by hand? Firms choose how to produce, and that choice shapes their costs, their output and the jobs they create. Behind every product lies a decision about which method, and how much, to produce.
In this lesson you will learn what influences how much firms produce, the different methods of production they can choose, and a distinction examiners love to test: production versus productivity. You will also see how investment can raise productivity and why that matters for the whole economy.
Ebumnobi
- influences to include demand for the product, the price of different factors of production, their availability and their productivity
- reasons for adopting the different forms of production
- advantages and disadvantages of the different forms of production
- the difference between production and productivity
- influences on production and productivity
- effects of changes in investment on productivity
Nkuzi Olu
Gee ntị na nkuzi a na ngwa
Maapụ uche
E seela isiokwu a ka ị hụ otu echiche si ejikọta.
Mepee maapụ uche na ngwa
Kaadị ncheta
Omume ncheta ngwa ngwa n'ihe a na-anwale n'isiokwu a.
Mee omume kaadị ndị a na ngwa
Akwụkwọ Ọmụmụ
Ndetu Nkuzi Zuru Ezu di na Ngwa Green Bridge
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Nnyocha Ọmụmụ
Ekele diri gi maka imecha ihe karịrị na Firms And Production. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Productivity is best defined as: A. total output B. output per unit of input C. the number of workers D. the price of a product Answer: B
- A factory of 20 workers produces 800 units. Labour productivity is: A. 800 units B. 20 units C. 40 units per worker D. 16000 units Answer: C
- Making a single custom-made item at a time is called: A. flow production B. batch production C. job production D. mass production Answer: C
- Which is most likely to raise labour productivity? A. hiring more workers at the same skill level B. investment in new machinery and training C. a fall in demand D. higher factor prices Answer: B
- A firm hires more workers and total output rises, but output per worker is unchanged. This means: A. productivity has risen B. production has risen but productivity has not C. both have fallen D. productivity has fallen Answer: B
Rue ajuju ndi a n'ime ngwa ahu
Rue ajuju ndi a n'ime ngwa ahu
Akwụkwọ A Na-atụ Aro
Mụtakwuo ihe site na isi mmalite mepere emepe
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Akụkụ akwụkwọ
Labor Productivity and Economic Growth
Identify the role of labor productivity in promoting economic growth
"Principles of Economics 2e: Labor Productivity and Economic Growth" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/principles-economics-2e/pages/20-2-labor-productivity-and-economic-growth. Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
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Akụkụ akwụkwọ
Production in the Short Run
Understand the concept of a production function
"Principles of Economics 2e: Production in the Short Run" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/principles-economics-2e/pages/7-2-production-in-the-short-run. Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
Ndị otu ndị ọzọ bipụtara ha n'okpuru ikike mepere emepe, anyị na-ekele ha dị ka ha si chọọ. Njikọ na-emepe saịtị ha.
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Ị chọrọ ime ajụjụ ule ọmarịcha gbasara Firms And Production? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.
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