aggregate production
11Construction aggregate — Limestone quarry …
12Prices of production — refers to a concept in Karl Marx s critique of political economy. It is introduced in the third volume of Das Kapital, where Marx considers the operation of capitalist production as the unity of a production process and a circulation process… …
13Cobb–Douglas production function — A two input Cobb–Douglas production function In economics, the Cobb–Douglas f form of production functions is widely used to represent the relationship of an output to inputs. Similar functions were originally used by Knut Wicksell (1851–1926),… …
14Lucas aggregate supply function — The Lucas aggregate supply function or Lucas surprise supply function, based on the Lucas imperfect information model, is a representation of aggregate supply based on the work of new classical economist Robert Lucas. The model states that… …
15Cross-linked enzyme aggregate — In biochemistry, a cross linked enzyme aggregate is an immobilized enzyme prepared via crosslinking. They can be used as stereoselective industrial biocatalysts. Contents 1 Background 2 Immobilisation 3 Cross Linked Enzyme Aggregates (CLEAs) …
16Qualified Production Activities Income - QPAI — Income derived from domestic production that qualifies for reduced taxation. More specifically, qualified production activities income is the difference between the manufacturer s domestic gross receipts and aggregate cost of goods and services… …
17Volumetric Production Payment - VPP — A type of structured investment that involves the owner of an oil and gas interest selling a specific volume production in that field or property. The investor receives a stated monthly quota – often in raw output, which is then marketed by …
18Say's law — In economics, Say’s Law or Say’s Law of Markets is a principle attributed to French businessman and economist Jean Baptiste Say (1767 1832) stating that there can be no demand without supply. A central element of Say s Law is that recession does… …
19Cambridge capital controversy — The Cambridge capital controversy was a 1960s debate in economics concerning the nature and role of capital goods (or means of production). The name arises because of the location of those most involved in the controversy: the debate was largely… …
20Exogenous growth model — The Exogenous growth model, also known as the Neo classical growth model or Solow growth model is a term used to sum up the contributions of various authors to a model of long run economic growth within the framework of neoclassical… …
