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A function that indicates the maximum output per unit of timethat a firm can pro

ID: 1241265 • Letter: A

Question

A function that indicates the maximum output per unit of timethat a firm can produce, for every combination of inputs with agiven technology, is called:

Select correct option:
An isoquant
A production possibility curve
A production function
An isocost function A function that indicates the maximum output per unit of timethat a firm can produce, for every combination of inputs with agiven technology, is called:

Select correct option:
An isoquant
A production possibility curve
A production function
An isocost function

Explanation / Answer

a production function

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