Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
Production function: In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).
FDI: A foreign direct investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
Singapore has encouraged foreign firms to establish subsidiaries within its borders, especially in the electronics industry.
Singapore has the fourth-largest amount of FDI in the world.
What has happened to the rental rate and the wage?
Find in the attachment a table which shows much of this.
The annual growth rate in rental rates for the 1970-1990 period using the production function and marginal product was -5%.
When an important file is saved on two different computers, the name of the file that is housed on the second computer is 'back up'. Back up refers to the process of copying and archiving a particular computer data in order to have an extra copy to fall back on in the event of data loss. <span />
A control bus is usually used by the Central Processing Unit to communicate with all the devices that are connected or contained within a computer. This connections are usually done via physical connections such as printed circuits or cables. It is also called a Computer bus and helps in coordinating activities between the connected devices.
