Glossary

Reset Glossary
productivity

Subject: 

  • Economics

the relationship between the quantity of inputs and the quantity of the output.

Related Content

sustainable
Subject:
Economics

a resources that can be used in the present and in the future.

benefits
Subject:
Economics

(also called payments in kind) payment in the form of food; accommodation; clothing; transport;...

average fixed costs (AFC)
Subject:
Economics

total fixed costs of production divided by the output of production

ecotourism
Subject:
Economics

responsible travel that conserves and sustains the environment and the welfare of local people...

globalisation
Subject:
Economics

the integration of economic activities throughout the world by breaking down national barriers...