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.
The exchange was reproduced in a special supplement published on Monday by the International Herald Tribune (IHT) to mark its last day of publication under that name. From Tuesday it will be marketed as the International New York Times, reflecting its present ownership and, presumably, the New York title's desire to project itself as a more recognisable global brand.