Economy, asked by momo492, 4 months ago

What are the different types of production function encounted by a managerial economist ? discuss the assumption and main features of each of them .​

Answers

Answered by vimalkumarvishawakar
2

Answer:

In economic theory, we are concerned with three types of production functions, viz.:- 1. Production Functions with One Variable Input 2. Production Function with Two Variable Inputs 3. Production Function with all Variable Inputs.

Similar questions