Equivalent units measure output in terms of the physical quantities of each of the inputs (factors of production)that have been consumed by the units.

Name: Equivalent units measure output in terms of the physical quantities of each of the inputs (factors of production)that have been consumed by the units.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Equivalent units measure output in terms of the physical quantities of each of the inputs that have been consumed by the units.

Equivalent Units Measure Output in Terms of the Physical Quantities