List the factors in which production function depends.

Answers

The production function depends upon the following factors:

a. The quantities of inputs to be used.

b. The state of technical knowledge.

c. The possible processes of production.

d. The size of the firm.

e. The prices of inputs.

marto answered the question on April 16, 2019 at 12:38

Next: Name the stages of a program development in their logical sequence.
Previous: List the important attributes of production function.

View More Production Economics Questions and Answers | Return to Questions Index

List the factors in which production function depends.

Answers

Exams With Marking Schemes

Related Questions