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The figure below illustrates distance and diffusion time;note that the time required is NOT directly proportional to the distance.Why,for the insect and mouse,might an increase in distance of 20-fold require an increase in time of 60-fold?
Final Goods
Refers to products that have completed the manufacturing process and are purchased by consumers without further processing.
Margin
The difference between the cost of a product or service and its selling price.
Economics
The efficient allocation of the scarce means of production toward the satisfaction of human wants.
Input
Resources used in the production process, including labor, materials, machinery, and other factors of production.
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