Random Fact

Malaysia has a labor force of nearly 13 million people and a real GDP growth rate of 5.6% (CIA World Fact Book, 2012).

Unit 4: Business Production Behavior

Introduction
Section 1: Factors of Production
Section 2: Production Functions and the Law of Diminishing Marginal Production
Section 3: The Relationship Between Production and Costs
Section 4: Factor Price Interferences
Section 5: Determination of Interest Rates and Present Value
Test Your Knowledge!