1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...

We revisit Reinhardt's (1972) commonly used production function for physician services. This production function, although appropriate in some settings, is not adequate for more detailed studies. The ...

Chemists have developed a new, low-cost catalyst for plastic production. It turns a biorefinery product into a starting material for the synthesis of plastics, which could represent a sustainable ...

This is a preview. Log in through your library . Abstract Production research in education has been dominated by attempts to estimate the structural parameters of what has been called the education ...

New research helps explain what goes wrong to when someone gets skin cancer and the relationship between changing skin pigment and the cancer itself. In particular, this research shows that there is a ...