Examlex
A simpler version of an emulator is a simulator,which simulates some of the behavior of a device but does not emulate the operations of the hardware.
Variable Costs
Expenses that change in proportion to the activity or production level of a business.
Output
The total amount of goods or services produced by a company or economy in a given period.
Production Function
A technological relationship expressing the maximum quantity of a good attainable from different combinations of factor inputs.
Inputs
Resources used in the production process, including labor, capital, materials, and energy.
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