Sentence examples for additional unit of output from inspiring English sources
Moreover the cost per additional unit of output is such as to raise questions about the usefulness of the funding model.
For example, all of the students thought it was straightforward for a firm to set marginal cost (the cost of an additional unit of output) equal to marginal benefit (the revenue from an additional unit of output) in order to find the "optimal" level of output.
Thus, suppose that 12 percent of total output is saved annually and that three units of capital are required to produce an additional unit of output: then the rate of growth in output is 12/3% = 4% per annum.
Typically, it concentrates on macroeconomic relations, particularly the ratio of savings to total output and the aggregate capital output ratio (that is, the number of units of additional capital required to produce an additional unit of output).
This hardly supports the widely held notion that too much investment is creating vast industrial overcapacity.Another measure of the efficiency of investment is the incremental capital-output ratio (ICOR): the investment needed to generate an additional unit of output, measured as annual investment divided by the annual increase in GDP.
Yet analysis by BCA Research, a Canadian research firm, finds surprisingly little evidence of wasteful overinvestment to date.One yardstick of the efficiency of capital is the incremental capital-output ratio (ICOR)—the investment needed to generate an additional unit of output (ie, annual investment divided by the annual increase in GDP).
It can, for example, measure the marginal productivity of a particular factor of production (i.e., the change in output from one additional unit of that factor).
Results show that from an additional unit of land, crop C1 returns the greatest increase in total output as indicated by the computed marginal product of land for crop C1 of 5.1736.
The percentage yield earned on an additional unit of capital.
This monotonicity assumption (Coelli et al. 2005) implies that if we give more input to a DMU then we will expect to obtain equal or more quantity of outputs than in the previous situation or, in other words, additional units of an input will not decrease output.
