Question

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Ques: How is production function shown symbolically?​

Answer 1

Explanation:

The production function is expressed in the formula: Q = f(K, L, P, H), where the quantity produced is a function of the combined input amounts of each factor..

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Answer 2

Answer -

The production function is expressed in the formula: Q = f(K, L, P, H), where the quantity produced is a function of the combined input amounts of each factor. Of course, not all businesses require the same factors of production or number of inputs.