What is the production function? The production function is the relationship between
A. the output produced by a firm in the short run and in the long run.
B. returns to scalereturns to scale and economies of scopeeconomies of scope.
C. the inputs employed by a firm and the maximum output it can produce with those inputs.
D. the inputs employed by a firmthe inputs employed by a firm and the minimum long-run average cost of production.
E. the inputs employed by a firmthe inputs employed by a firm and its cost of production.
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Home » Business » What is the production function? The production function is the relationship between A. the output produced by a firm in the short run and in the long run. B. returns to scalereturns to scale and economies of scopeeconomies of scope. C.