# Questions tagged [production-function]

A function whose value is the produced quantity associated with a given vector of factor inputs. The production function represents the technology available to the firm.

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### Is CES production representing the average of inputs?

I know that the Constant elasticity of substitution production function is given by: $$Q=\gamma\left[\delta L^{-\alpha}+\left(1-\delta\right)K^{-\alpha}\right]^{\frac{-1}{\alpha}}$$ where $\gamma$ is ...
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### Production and Cost [closed]

How to answer this question: "A production function following constant returns to scale can follow diminishing returns to a factor. Justify with logic".
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### Origin of terms Harrod neutral, Solow neutral and Hicks neutral

I just looked for the same question on the exchange but I didn't find anything, I even tried to look for the answer on Google but it seems it's not present. Could someone give me the origin of these ...
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Suppose that we are dealing with a production function $q = f(k,l)$, of inputs capital and labor. If this function exhibits constant returns to scale then I know that both the marginal cost and ...