Home › Bihar Board Class 12 (Arts) › Economics › Producer Behaviour and Supply › What does a production function give for given i…
What does a production function give for given inputs?
AThe maximum possible output
BThe minimum possible cost
CThe average revenue earned
DThe highest selling price
Answer & Solution
Correct answer: A. The maximum possible output
It links each input combination to the largest output technology permits, so it describes efficient input use only.
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