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 collegeâestablished as an extension of New York University (NYU) â was founded on the estate of a recently deceased wealthy couple, a lumber entrepreneur of Dutch ancestry, William S. Hofstra (1861â1932) and his second wife, Kate Mason (1854â1933).he Hofstra Chronicle is the only student newspaper of Hofstra University, established in 1935. The paper is in tabloid format and publishes 12 times each semester, and once a summer.