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The Leontief production function is a type of production function that assumes a fixed proportions approach to input usage. It is characterized by the idea that inputs (such as labor and capital) are used in fixed ratios to produce output, meaning that if one input is limited, production cannot be increased by substituting more of the other input. Mathematically, it is represented as ( Q = \min(aL, bK) ), where ( Q ) is output, ( L ) is labor, ( K ) is capital, and ( a ) and ( b ) are the fixed input coefficients. This model is often used in scenarios where inputs cannot be easily substituted for one another.
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Keynesian School of Economics Provide a brief history of the school set forth andbriefly explain the basic teaching of the school?
mr gwilem Jones infented school
What is brief summary mean?
Brief
What is kinesics explain in brief?
Kinesics is the interpretation ofbody language such as facial expressions and gestures - or, more formally, non-verbal behavior related to movement, either of any part of the body or the body as a whole.
What is the meaning of brief?
Brief means short. Brief can also be used in a legal sense, in which case it means the outline (or short version) of a case.
What is a brief analysis?
pick out key aspects of the design brief and analyse it in detail
How do you explain in brief the evolution of computer?
explain in brief the evolution of the computer
What is encoder explain in brief?
An encoder is a digital circuit which accepts one of the inputs and converts it into BCD or Binary Coded Output. It performs the reverse function of that of a decoder.
Explain what is data in brief?
Data is information.
Is brief an adverb verb adjective or noun?
Brief can be an adjective, a noun or a verb.
Explain in brief different collision resolution methods?
collision resolution methods
What is depletion and explain it in brief?
diminish in number or quantity : supplies are depleting fast.
Which number system do computers work on explain the system in brief?
emmm not sureee
Did Women in war agree or disagree give brief explain?
women in war are agree or disagree briefly explain why agree or disagree?
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Explain in brief what are the ethical and social dimension of IT?
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explain in brief the pluralist nature of Indian society
Why should antibiotics should not be overused explain in brief.?
The more antibiotics are used, the more likely it is for antibiotic resistant organisms to appear. explain briefly but why Bhavishya
