explain the short-run production function ?
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Answer:
The short-run production function defines the relationship between one variable factor (keeping all other factors fixed) and the output. The law of returns to a factor explains such a production function. ... It measures by how much proportion the output changes when inputs are changed proportionately.
Explanation:
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Answered by
6
Answer:
The short-run production function defines the relationship between one variable factor (keeping all other factors fixed) and the output. The law of returns to a factor explains such a production function. ... It measures by how much proportion the output changes when inputs are changed proportionately.
Explanation:
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anishamhetre05:
thank you
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