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Q: What is homogenous production function?
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Related questions

What is the production function and types of production function?

production function is relation between firm's production and material factors of production


What is short run production function?

if at-least one factor of production is constant, production function is infact short-run production function


What are the production function of Mc Donalds?

what is mcdonalds production function


What sources shift production function?

s shift in production function


What is the use of production function?

In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.


What is the managerial use of production function?

In microeconomics, a production function asserts that the maximum output of a technologically determined production process is a mathematical production of input factors of production.


How does one figure the production function of their company?

One would have to figure out the production function of their company pretty early on. The production involves the things they make, and the function is what the product does.


How do you derive a cost function for a production function?

derive cost function from production function mathematically, usually done by utilizing mathematical optimization methods.


What is homogeneous and non homogeneous production function?

difference between homogeneous and non homogeneous production function


If production set is convex then production function is concave?

correct.


Define production function?

Production function refers to the functional relationship between (physical) input and (physical) output


What is the function of ICSH?

sperm production