The cost theory of microeconomics includes a study of total, average and marginal product. Total product : is defined as the total quantity of output produced by a firm in the given inputs. Average Product is defined as the Average produced by every worker. when we divide the total product by output we get average product .
The New York Times is owned by The New York Times Company. Arthur Ochs Sulzberger, Jr., the Publisher and the Chairman of the Board, is a member of the Ochs-Sulzberger family that has controlled the paper since 1896.
World's richest man doubles his shares. After doubling his stake in New York Times, Mexican billionaire Carlos Slim has become the top shareholder of the New York Times. Reuters reports that Slim has exercised warrants purchased in 2009 that double his holdings in the paper to 16.8 percent. His shares are valued at $341.4 million.