Question

A production function is a relationship between:____.a. inputs and profit. b. inputs and quantity of output. c. inputs and revenue. d. inputs and costs.

Answer 1

Answer:

b. inputs and quantity of output

Explanation:

A production function is a relationship between inputs and the quantity of output. In other words, it is the entire production process that goes into creating a product. This includes the specific materials that need to be inputted into the process in order for the output to be exactly as needed in order for the product to come out as desired and the right quantity. Thus, creating a relationship between input and output