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.
(Fortune Magazine) -- After he had been ignominiously fired from a firm he loved, started a financial-information company that almost no one thought had a chance - and then triumphantly watched it change the landscape of Wall Street - Michael Bloomberg forecast how The New York Times would cover his death.