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Results tagged with production-function
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user 13965
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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Perfect complement graph and isoquant
An isoquant is a contour line drawn through the set of points at which the same quantity of output is produced while changing the quantities of two or more inputs.
Having production function: $f(x_1, …
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