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| production function definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | the relationship between quantity of inputs used to make a good and the quantity of output of that good | 7 sets | |
| 2 | relationship between inputs and outputs | 4 sets | |
| 3 | a concept that describes the relationship between changes in output to different amounts of a single input while other inputs are held constant. | 3 sets | |
| 4 | relationship b/w q of inputs used and q of outputs | 2 sets | |
| 5 | graphic portrayal showing how a change in the amount of a single variable input affects total output | 2 sets | |
| 6 | a technological relationship between inputs and outputs | 2 sets | |
| 7 | volume of outputs that can be produced from given inputs given the available technology | 2 sets | |
| 8 | the relationship between quantity of inputs used to make a good and the quanitity of output of that good | 2 sets | |
| 9 | a technological relationship between inputs and output | 2 sets | |
| 10 | the mechanism for combining production resources, with existing technology, into finished goods and services | 1 set | |
| 11 | the relationship between the quantity of inputs used to make a good and the quantity of output of that good | 1 set | |
| 12 | shows how inputs (capital and labor) are combined to produce various levels of outputs (capital per worker) | 1 set | |
| 13 | relationship between inputs used in production and level of output | 1 set | |
| 14 | numerical or mathematical relationship between inputs and outputs (units of total product as a function of units of inputs) | 1 set | |
| 15 | shows input requirements for each level of production | 1 set | |
| 16 | a figure that shows how a total output changes when the amount of a single variable input changes while other inputs are held constant. | 1 set | |
| 17 | relationship between quantity of inputs used to make good and quantity of output | 1 set | |
| 18 | shows the volume of output that can be produced from given inputs (such as labor and capital), given the available technology. | 1 set | |
| 19 | the relationship between the quantities of inputs used and the maximum quantity of output that can be produced, given current knowledge about technology and organization | 1 set | |
| 20 | the relationship between inputs and outputs | 1 set | |
| 21 | the relationship between the firm's input of productive resources and its output of goods and services | 1 set | |
| 22 | a concept that describes the relationship between chances in output while other inputs are held consistent | 1 set | |
| 23 | a technological relationship between inputs and outputs. | 1 set | |
| 24 | the relationship between the inputs (factors of production) and outputs | 1 set | |
| 25 | an equation that defines the combination's of goods you can produce (physical output) given you production inputs (resources) | 1 set | |
| 26 | the relationship that describes output as a function of labor, capital, and technology | 1 set | |
| 27 | the development of services is an example of the | 1 set | |
| 28 | describes the relationship between changes in output to different amounts of single input while other inputs are held constant | 1 set | |
| 29 | a concept that describes the relationship between changes in output to different amounts of a single input while other inputs are held constant | 1 set | |
| 30 | specifies the maximum output firms can produce with given quantities of inputs | 1 set | |
| 31 | the quantity of output produced by the firm each period is a function of the quantities of land, labor, and capital used by the firm in the production process | 1 set | |
| 32 | a function that shows the relationship between quantity of input used to make a good and quantity of output of that good | 1 set | |
| 33 | the relationship between the inputs employed by a firm and the maximun output it can produce with those inputs | 1 set | |
| 34 | the technical relationship between inputs and outputs indicating that max amount of output that can be produced using alternative amounts of variable inputs in combination with one or more fixed imputs under a given state of technology | 1 set | |
| 35 | a concept that describes the relationship between changes in output to different amounts of a single input | 1 set | |
| 36 | the relationship between quantities of inputs used to make a good and the quantity of output of that good | 1 set | |
| 37 | tells how much output the economy can produce from the available labor and capital givin the state of technology | 1 set | |
| 38 | a numerical or mathematical expression of a relationship between inputs and outputs. it shows units of total product as a function of units of inputs. | 1 set | |
| 39 | relates output changes to differences in a single input | 1 set | |
| 40 | a functional relation showing the maximum output that can be produced by each and every combination of inputs | 1 set | |