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Production function:

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Md. Alamgir Hossan:

                                  The production function signifies a technical relationship between the physical inputs and physical outputs of the firm, for a given state of the technology.

                                                     Q = f (a, b, c……z)

Where a, b, c....z are various inputs such as land, labor, capital etc. Q is the level of the output for a firm.

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