The firms production functionn

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    Illustrates the maximum output that can be obtained for every specified combination of inputs.
     Illustrates the minimum amount of inputs that can be used for a given level of output.
     Applies to a given level of technology.
     Both 1 and 3.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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Both 1 and 3.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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