Production function specifies_______. Options: A . &nbspMaximum output produced with a given output B . &nbspMinimum quantity of inputs needed to produce C . &nbspBoth (a)&(b) D . &nbspNone of the above

Production function specifies______

Question - Production function specifies_______.

Options:

A . Maximum output produced with a given output

B . Minimum quantity of inputs needed to produce

C . Both (a)&(b)

D . None of the above

Answer: Option C

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