Production function
Equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used. The production function can thus measure the marginal productivity of a particular factor of production and determine the cheapest combination of productive factors that can be used to produce a given output.
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The product of any object and its reciprocal is always the identity. In the case of numbers, 1 (one).
A "product" is a binary function. That is, it combines TWO numbers into one according to some rule. A binary function must have two numbers to work with.
A binary function is a function f if there exists sets X, Y, and Z, such that f:X x Y -> Z where X x Y is the cartesian product of X and Y.
(of a quantity or function) related to another so that their product is one. The reciprocal of 3 is 1/3
the product rule is included in calculus part.Product Rule : Use the product rule to find the derivative of the product of two functions--the first function times the derivative of the second, plus the second function times the derivative of the first. The product rule is related to the quotient rule, which gives the derivative of the quotient of two functions, and the chain rule, which gives the derivative of the composite of two functionsif you need more explanation, i want you to follow the related link that explains the concept clearly.