Professor Hawking used an input device controlled by his cheek movements to choose the words he wanted to use. A special output device turned those words into electronic speech that people could hear.

The exact slope of the isoquant curve on the graph shows the rate at which a given input, either labor or capital, can be substituted for the other while keeping the same output level. In the ...

It means you’ll be hearing more about two economic metrics: gross output and intermediate inputs. The two are related, but for economists, the latter has a meaningful use as an indicator of ...

Productivity affects corporate profits and shareholder returns and relies on individuals or organizations to maximize output. Productivity compares the level of input with the output. The input ...