Question

production function formula​

Answer 1

The production function is expressed in the formula: Q = f ( K , L , P , H )

Answer 2

Answer:

Here is your answer

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.Of course, not all businesses require the same factors of production or number of inputs. Another form of the production function reduces the inputs to just labor and physical capital. The formula for this form is:

Q = f(L, K), in which labor and capital are the two factors of production with the greatest impact on the quantity of output.