Psychology Dictionary of ArgumentsHome
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| Production Function - Psychology Dictionary of Arguments | |||
| Production function: A production function represents the relationship between input factors (labor, capital, etc.) and output in an economy or firm. It shows how efficiently resources are converted into goods or services, often expressed as Q = f(L, K, ...). It helps analyze productivity, efficiency, and returns to scale in production processes. See also Aggregate production function, Production, Capital, Capital structure, Cobb-Douglas production function, CES Production function._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Robinson, Joan | Production Function | Robinson, Joan | |
| Solow, Robert | Production Function | Solow, Robert Merton | |
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Ed. Martin Schulz, access date 2025-04-18 | |||
