production function

listen to the pronunciation of production function
English - Turkish
imalat fonksiyonu
üretim işlevi
cobb douglas production function
cobb-douglas tipi üretim foksiyonu
English - English
function of the yield in relation to the estimates (Economics)
Equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used. The production function can thus measure the marginal productivity of a particular factor of production and determine the cheapest combination of productive factors that can be used to produce a given output
production function

    Hyphenation

    pro·duc·tion func·tion

    Turkish pronunciation

    prōdʌkşın fʌngkşın

    Pronunciation

    /prōˈdəksʜən ˈfəɴɢksʜən/ /proʊˈdʌkʃən ˈfʌŋkʃən/
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