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A Relation Is a Named,two-Dimensional Table of Data and Each

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A relation is a named,two-dimensional table of data and each relation (or table)consists of a set of named columns and an arbitrary number of unnamed rows.


Definitions:

Marginal Product

The additional output resulting from the use of one more unit of a production input.

Total Product

The total output of goods or services produced by a firm over a given period of time.

Marginal Product

Marginal product is the additional output gained from increasing one unit of a variable input, holding all other inputs constant, in the production process.

Total Product

The total quantity of output that a firm produces with a given amount of fixed and variable inputs during a specified period.

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