Examlex
Define and describe domestication.
Production Function
A production function is an equation that describes the maximum output of a good or service an economy or firm can produce given the input resources it has available.
Labor
The human effort, whether physical or mental, used in the production of goods and services.
Output
The total amount of goods or services produced by a firm, industry, or economy.
Cost
The total expenditure required to produce a good or service, including materials, labor, and other expenses.
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