For A Firm The Production Function Represents The Relationship Between - Web we can summarize the ideas so far in terms of a production function, a mathematical expression or equation that explains the. Web the functional relationship between inputs and outputs is the production function. Web in this chapter, we want to explore the relationship between the quantity of output a firm produces, and the cost of producing. Web the production function is a mathematical function stating the relationship between the inputs and the outputs of the goods in.
Web the functional relationship between inputs and outputs is the production function. Web in this chapter, we want to explore the relationship between the quantity of output a firm produces, and the cost of producing. Web the production function is a mathematical function stating the relationship between the inputs and the outputs of the goods in. Web we can summarize the ideas so far in terms of a production function, a mathematical expression or equation that explains the.