Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Topic started by: Md. Alamgir Hossan on April 13, 2017, 04:48:27 PM
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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.