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Home Questions 967NW5FN5Z
Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:

Production function refers to the functional relationship between inputs and _________.

Options:

Output

Profit

Revenue

Cost

Correct Answer:

Output

Explanation:

The correct answer is option 1: Output

A production function expresses the functional relationship between inputs (such as labor and capital) and output in a given time period, keeping technology constant.

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