English, asked by Ferdinand9, 6 months ago

Explain Production Function in economics. Don't copy answer from internet

Answers

Answered by sheetalnambiar202037
0

Answer:

Explanation:

In economics, a production function relates physical output of a production process to physical inputs or factors of production. It is a mathematical function that relates the maximum amount of output that can be obtained from a given number of inputs – generally capital and labor.

#bebrainly

Answered by FuzzieGirl
2

Answer:

Production Function

The act of making goods and services and thereby adding utility to the object is called Production in economics.

Production Function shows the maximum quantity e of a commodity that can be produced per unit of time with the given amount of inputs when the best production technique available is used.

hope it may help you...

❤️❤️❤️

please mark my answer brainliest

☺️☺️☺️

Similar questions