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Q: Describe the production function with one variable input?
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Continue Learning about Math & Arithmetic

Describe how you can tell by looking at the graph of a function with variable is the input variable and which is the output variable?

You cannot.


When a firm's only variable input is labor then what does the slope of the production function measures?

marginal product of labor


An variable provides the input values of a function?

domain


The abscissa is?

The abscissa is the independent variable (or input) to a function.


How do you graph functions?

Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.Suppose a function takes values of a variable, X, as its input, and that it converts it into an output value Y.Then the graph of the function, in the X-Y coordinate plane, is the set of all points (x, y) such that when you input the value x into the function, the output is y.