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