What is production function and returns to a favtor
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Production function of a firm is a functional relationship between inputs used and output produced by the firm. Returns to a factor relate to the short period production function when one factor is varied keeping the other factor fixed in order to have more output