Economy, asked by farhaakbarali28, 3 months ago

The production function incorporates the technically efficient method of
Select one:
O a. production
O b. function
O c. process
O d. All of these​

Answers

Answered by Anonymous
7

Production

Hope it's help you

Answered by Anonymous
5

It incorporates all of these.

  • A production function is a mathematical statement that describes the physical relationship between input and output over a time span.
  • The general form states that the output of any material is determined by the quantity of inputs and production techniques.
  • Given the state of technology, a material is manufactured using a variety of methods involving various combinations of factors. The same product can be produced in a variety of ways using various raw materials and technological options.
  • As a result, there could be a variety of technically effective production methods.
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