Which term describes the process of examining the physical outputs to the physical inputs of a given production process?

a. production function
b. aggregate production function
c. human capital
d. physical capital

b. aggregate production function

Economics

You might also like to view...

A stock split is most likely to occur when

What will be an ideal response?

Economics

If an economy is producing a level of output which is lower than the equilibrium level, planned expenditures ________ total output and ________ goods and services are being produced than are being demanded

A) exceed; fewer B) are less than; more C) are less than; fewer D) exceed; more

Economics