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318

Q:

Which of the following explains the relationship between production function?

  • 1
    Inputs and final consumption
  • 2
    Production and consumption
  • 3
    Output and exports
  • 4
    Initial information and final output
  • Show Answer
  • Workspace

Answer : 4. "Initial information and final output"
Explanation :

In economics, a production function describes the technical relationship between the quantity of physical inputs and the quantity of output of goods.

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