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| The initial testing of a product before starting full production |
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A business in the secondary sector |
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One off or unique production process |
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Making quantities of the same item, e.g. red or blue paint |
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The change that takes place during the production process |
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The process in which goods or services are produced |
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The maximum output that a firm can produce given its existing resources |
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The measure of outputs produced in relation to inputs used |
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Land, capital, enterprise, labour are all types of this in the production process |
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Occurs when one organisation gets another to produce for it |
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The way in which a business makes their inputs worth more by the time they are sold |
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Where labour is replaced by machinery. |
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