A Mathematical Statement of the Way That the Quantity of Output

question 47

Multiple Choice

A mathematical statement of the way that the quantity of output of a particular product depends on the use of specific inputs or resources is called:

• A) a demand curve.
• B) a total revenue curve.
• C) a production function.
• D) the marginal rate of technical) substitution.
• E) an isoquant curve

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Definitions:

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