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in economics the how or input refers to?
2 Answers
- Anonymous7 days ago
How to produce refers to the production function which is the relationship between an output and inputs both in the short and long run.
- Anonymous7 days ago
In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.
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