Examlex
What important insights about schooling do we gain from structural-functional analysis, symbolic-interaction analysis, social-conflict analysis, and feminist analysis? What can you learn from each approach that helps you see ways to improve education in the United States?
Productivity
The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Average Product
The output per unit of input, such as labor or capital, calculated by dividing total output by the total quantity of the input.
Marginal Product
The additional output produced as a result of using one more unit of a particular input, holding all other inputs constant.
Capital/Labor Ratio
The capital/labor ratio is a measure used in economics to indicate the amount of capital relative to the quantity of labor used in the production process.
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