Examlex

Solved

Match the Terms with Their Correct Meanings

question 87

Multiple Choice

Match the terms with their correct meanings.
-Lines external body surface and internal surface of organs


Definitions:

Production Function

A mathematical expression that describes the relationship between input factors and the output of goods or services.

Returns To Scale

The change in output of a production process as all inputs are increased proportionally.

Marginal Product

The additional output that is produced by using one more unit of a particular input, holding the levels of all other inputs constant.

Production Function

An economic model that describes the relationship between input resources and the output of goods or services for a business or economy.

Related Questions