xavierf22 xavierf22
  • 01-02-2021
  • Business
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Question 27 (1 point)
The relationship between the amount of inputs and outputs is known as

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Samawati
Samawati Samawati
  • 02-02-2021

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

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