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प्रश्न
A production function measures the relation between
विकल्प
input prices and output prices
input prices and the quantity of output
the quantity of inputs and the quantity of output.
the quantity of inputs and input prices.
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उत्तर
the quantity of inputs and the quantity of output.
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संबंधित प्रश्न
Define production function.
Distinguish between short-run and long-run production functions.
Let the production function of a firm be Q = 2L2 K2.
Find out the maximum possible output that the firm can produce with 5 units of L and 2 units of K. What is the maximum possible output that the firm can produce with zero unit of L and 10 units of K?
Find out the maximum possible output for a firm with zero unit of L and 10 units of K when its production function is Q = 5L = 2K.
What is meant by production function?
The functional relationship between “inputs” and “outputs” is called as
If average product is decreasing, then marginal product
Which statement best describes a production function?
What is the main feature of inputs in the short run?
Which of the following is a flow concept?
If only labour can be changed and capital is kept fixed, the firm uses ______.
Which law is studied with the short‑run production function Q = f(L)?
Which one illustrates a long‑run decision for a firm?
What is the dependent variable in the production function Qx = f(f1, f2, ..., fn)?
