A short run production function

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    Is a production function where inputs are used in fixed proportions.
     Focuses on the additional output resulting from increasing the amount of inputs, holding at least one input constant.
     Illustrates the maximum of output that can be produced in a certain time period by varying the combinations of all inputs used.
     Focuses on the additional output resulting from varying the amounts of all inputs used in the production process.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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Focuses on the additional output resulting from increasing the amount of inputs, holding at least one input constant.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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