Examlex
The wavelengths that are most likely for communication with other civilizations are those in the water hole.
Lagrangian Technique
A mathematical method used in economics and engineering to find the maximum or minimum values of a function subject to constraints.
Optimal Capital/Labor Ratio
The most efficient mix of capital and labor that maximizes output or minimizes cost for producing a given level of output.
Production Function
An equation that describes the maximum output of a firm, given the quantity of inputs.
Variable Cost Function
A mathematical representation of the costs that vary with the level of output or activity, unlike fixed costs.
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