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3 years ago

What is the production function? The production function is the relationship between

Business

1 answer:

Viktor [21]3 years ago

3 0

Answer: Option (C)

Explanation:

In discipline such as economics, the production function tends to give a technological relation in between the quantities of inputs(capital and labor) and the quantities produced of output of services and goods. This function is referred to as one of the main concepts of the mainstream theories, that were used in order to define the marginal product and also to distinguish the allocative efficiency.

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2 years ago

What is the production​ function? The production function is the relationship between

What is the production function? The production function is the relationship between