Production function/Definition

From Citizendium
Jump to navigation Jump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.
This article is developed but not approved.
 Main Article
 Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Tutorials [?]
 
https://en.citizendium.org/wiki/index.php?title=Production_function/Definition&printable=yes
A definition or brief description of Production function.

A mathematical representation of the relation between inputs and outputs in a production process. The special case of diminishing returns forms an essential part of equilibrium theory.

Retrieved from "https://citizendium.org/wiki/index.php?title=Production_function/Definition&oldid=525438"