Examlex
Explain the function of the thyroid gland and describe at least two disorders which can occur when it is not working properly.
Output
The amount of goods or services produced by a company, industry, or economy within a particular period.
Input
Inputs like workforce, raw materials, and financial assets employed in the process of manufacturing products or delivering services.
Factor Substitution Effect
The change in the use of factors of production, like labor and capital, resulting from changes in relative prices or technological advancements.
Productivity
The measure of the efficiency of production, often quantified as the ratio of output to input in the production process.
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