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What type of production function is …

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What type of production function is this in which only one output is increased and others kept constant? State the beauvoir of total product in this production function.
  • 1 answers

Yogita Ingle 6 years, 7 months ago

In Short Run Production Function only one input is increased and others are contant. A Short Run Production Function is expressed as Qx = f(LK). The behaviour of Total Product in this {unction is explained below:

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