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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 | 10 sets | |
| 2 | a concept that describes the relationship between changes in output to different amounts of a single input while other inputs are held constant. | 4 sets | |
| 3 | relationship between inputs and outputs | 4 sets | |
| 4 | the relationship between quantity of inputs used to make a good and the quanitity of output of that good | 2 sets | |
| 5 | the relationship between the quantity of inputs used to make a good and the quantity of output of that good | 2 sets | |
| 6 | relationship b/w q of inputs used and q of outputs | 2 sets | |
| 7 | a technological relationship between inputs and outputs | 2 sets | |
| 8 | graphic portrayal showing how a change in the amount of a single variable input affects total output | 2 sets | |
| 9 | a technological relationship between inputs and output | 2 sets | |
| 10 | volume of outputs that can be produced from given inputs given the available technology | 2 sets | |
| 11 | relationship between quantity of inputs used to make good and quantity of output | 1 set | |
| 12 | a function that shows the relationship between quantity of input used to make a good and quantity of output of that good | 1 set | |
| 13 | shows the volume of output that can be produced from given inputs (such as labor and capital), given the available technology. | 1 set | |
| 14 | shows input requirements for each level of production | 1 set | |
| 15 | 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 | |
| 16 | relationship between inputs used in production and level of output | 1 set | |
| 17 | shows how inputs (capital and labor) are combined to produce various levels of outputs (capital per worker) | 1 set | |
| 18 | the mechanism for combining production resources, with existing technology, into finished goods and services | 1 set | |
| 19 | 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 | |
| 20 | a concept that describes the relationship between chances in output while other inputs are held consistent | 1 set | |
| 21 | the relationship between inputs and outputs | 1 set | |
| 22 | a technological relationship between inputs and outputs. | 1 set | |
| 23 | the relationship between the inputs (factors of production) and outputs | 1 set | |
| 24 | in the special case where the firm produces only one good as an output, the set of technically efficient production plans | 1 set | |
| 25 | the relationship between the quantity of inputs used to make a good and the quantity of output of that good. | 1 set | |
| 26 | the relationship between the firm's input of productive resources and its output of goods and services | 1 set | |
| 27 | an equation that defines the combination's of goods you can produce (physical output) given you production inputs (resources) | 1 set | |
| 28 | numerical or mathematical relationship between inputs and outputs (units of total product as a function of units of inputs) | 1 set | |
| 29 | 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 | |
| 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 | the relationship that describes output as a function of labor, capital, and technology | 1 set | |
| 33 | describes the relationship between changes in output to different amounts of single input while other inputs are held constant | 1 set | |
| 34 | a relationship that shows the quantity of output for any given amount of input. (6; 8) | 1 set | |
| 35 | a concept that describes the relationship between changes in output to different amounts of a single input | 1 set | |
| 36 | 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 | |
| 37 | the relationship between quantities of inputs used to make a good and the quantity of output of that good | 1 set | |
| 38 | tells how much output the economy can produce from the available labor and capital givin the state of technology | 1 set | |
| 39 | input-output relationship between resources and product. physical transformation process | 1 set | |
| 40 | 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 | |