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cost or input

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Q: A production function describes the relation between output and?
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What is the production function and types of production function?

production function is relation between firm's production and material factors of production


A production function measures the relation between?

The production function is a unit of measurement used in economics. The function measures the relationship between the quantities of productive factors and the amount of product obtained.


What is the different between function and relation in math?

the relation between math anxiety and excited intelligence


What is the difference between function and a relation?

Good question. A relation is simply that; any x-value to create any y-value. A function, however, cannot be defined for multiple values of x. In other words, for a relation to be a function, it must have singular values for all x within its domain.


The difference between a relation and function?

Very good question. The different between relation and function is a relation is simply that : any x-value to create y-value while a function, however cannot be defined for multiple values of x


Differentiate a relation to a function?

A function is a special type of relation. So first let's see what a relation is. A relation is a diagram, equation, or list that defines a specific relationship between groups of elements. Now a function is a relation whose every input corresponds with a single output.


Is there any relation between charge and work function?

Yes,there is relation between them because a body cannot work without energy


Define production function?

Production function refers to the functional relationship between (physical) input and (physical) output


What is an expression that describes that describes the relationship between each input and output?

function rule


What is production and cost analysis in managerial economics?

According to Prof.Stigler the production function "is the name given to the relation ship between the rates of input and the rate output ".More precisely, it refers to maximum quantity of output that can be secured from the minimum quantities of inputs.


What is the difference between relations and functions?

A function is a relation whose mapping is a bijection.


What is the relation between Sample and population regression function?

The sample regression function is a statistical approximation to the population regression function.