Examlex
The production function is the mathematical representation of the technological relationship between:
Purely Physical
Pertaining exclusively to the material or tangible aspects of something, devoid of any digital, virtual, or intangible components.
Freemium
A business model where basic services are provided free of charge while more advanced features must be paid for.
Subscription
An arrangement to receive products or services, such as publications or software, on a regular basis by paying a fee.
Electronic Tendering
The process of submitting and receiving bids and tenders for goods and services over the internet.
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