Economy, asked by ayeshasiddiqui15121, 4 days ago

distinguish between the concept of production and scale in production function​

Answers

Answered by shayesta56
0

Answer:

Short run production function alludes to the time period, in which at least one factor of production is fixed. Long run production function connotes the time period, in which all the factors of production are variable. No change in scale of production. Change in scale of production.

Explanation:

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