Random Fact

It takes a U.S. worker an average of 25.4 minutes to get to work (www.census.gov).

Unit 4: Business Production Behavior

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!