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-According to this map of the St. Louis area, the
Production Function
A mathematical representation that describes the relationship between inputs used in production and the resulting output.
Output
The aggregate sum of products or services generated by a business, sector, or economic system.
Cost
The value of everything a company gives up to produce goods or services, including materials, labor, and overhead expenses.
Units
Standard measures or quantities used to specify or quantify an amount of something.
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