If you are new to degree days, you might want to skip straight to the brief introduction at the bottom of this page. You might also want to find out why 5,000+ energy professionals get data from here each month (and often a lot more frequently).
Your posts are moderated. Average product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable factor (VF). It is measured by dividing total product (TP) by amount of variable factor employed.i.e.verage product and marginal product: Average product (AP) is the output per unit of the variable factor employed. In other words, it is the productivity of the variable factor (VF). It is measured by dividing total product (TP) by amount of variable factor employed. i.e.
Define: Actual Product. is a consumable product, which can also be a service or idea a customer is purchasing. Contrary to the overall consumer perception of a product there are actually three different levels which include the core, actual and the augmented product. The core product is also known as an added value benefit or what the actual productâs value to the consumer may be.