Examlex
A pigeon in a Skinner box periodically receives access to food after pecking on a key.Sometimes the pigeon has to peck 3 or 4 times, sometimes 5, and sometime more.On average, the bird was reinforced every 5th peck.This pigeon was on a schedule of reinforcement.
Input
Resources used in the production process to generate output, including labor, capital, materials, and energy.
Production Function
The representation of the output that a firm can produce with varying combinations of inputs, emphasizing the efficiency and technology used.
Isoquant
A curve that represents all the combinations of inputs that produce the same level of output in production theory.
Output
The aggregate output of merchandise or services generated by a company, sector, or economic system.
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