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Korolek [52]
3 years ago
8

A​ firm's production function is best described as

Business
1 answer:
Ksju [112]3 years ago
5 0

Answer:

The correct answer is D

Explanation:

A firm is a kind of commercial enterprise where a company buys and sells the products or services to consumers with the goal of earning a profit

Firm production function is the production function which relates to the physical output of the production procedure to the physical inputs.

It is best stated as the relationship among the inputs and the maximum amounts of the output which the firm could produce these inputs.

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Answer:

Novation.

Explanation:

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Novation can be defined as the process or an act of legally replacing a party in a contract with another, adding an obligation to engage or replacing a contractual obligation to perform with another based on the consent of all involved parties.

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3 years ago
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4 years ago
5. What is the incentive for saving?
m_a_m_a [10]

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