Niharika Joshi Bhatt

3 Questions 11 Answers 0 Followers

Questions related from Niharika Joshi Bhatt

What is the difference between productivity and efficiency?

There are two firms A and B Firm A uses 5 units of raw material, 2 units of labor, 3 units of capital to produce 6 units of output in one year. Firm B uses 10 units of raw material, 2 units of...

26 February 2015 9,921 38 View

A variable determines two different variables in two different equations, yet the two variables are neither covariates, nor correlated?

Variable A determines X in a multivariate linear regression model, Variable A determines Y in another multivariate linear regression model, Y has been partly derived from X; Yet neither there is...

09 February 2015 4,585 9 View

What is the interpretation if marginal product of a sector is lower than that of another but its Average Productivity is greater?

I am comparing productivities of two industries.APK= Average Productivity of CapitalMPK= Marginal productivity of capitalAPL= Average productivity of labourMPL= marginal productivity of labour. 1...

25 October 2014 571 4 View