Examlex
The total value of production from Ford's manufacturing plant in Cologne,Germany would be included in Germany's gross national product.
Input Decrease
A reduction in the amount, quality, or efficiency of any raw material, capital, or labor used in the production process.
Derived Demand
Demand for a factor of production or good that results from the demand for another related good or service.
Substitution Effect
The change in consumption patterns due to a shift in relative prices that makes one product more economically attractive than another.
Output Effect
The output effect refers to the impact changes in production volume have on a company's total costs and profitability.
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