Economy, asked by tarsamlal1039, 3 months ago

Short Run production function
is called​

Answers

Answered by shreegnana532
4

Explanation:

The short run production production assumes there is at least one fixed factor input. Production Functions. The production function relates the quantity of factor inputs used by a business to the amount of output that result.

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.

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