the short run production function is called as ?
a) Return to scale
b) law of variable proportional
c) production possiblity
D) none of this
Answers
Answered by
2
☆Answer☆
The short-run production function defines the relationship between one variable factor (keeping all other factors fixed) and the output. ... For example, consider that a firm has 20 units of labour and 6 acres of land and it initially uses one unit of labour only (variable factor) on its land (fixed factor).
Answered by
1
Answer:
b)
Explanation:
law of variable proportional
Similar questions
Math,
1 month ago
Sociology,
1 month ago
Computer Science,
4 months ago
Geography,
4 months ago
English,
10 months ago
Physics,
10 months ago
Computer Science,
10 months ago