production function in a sentence

Examples

1. The production function is quasi-convex in three dimensions.
2. A production function can also be seen as the dynamics of national output / national income.
3. There are also complexities in the production function.
4. The production function is a simple description of the mechanism of income generation in production process.
5. The standard Cobb Douglas production function found in microeconomics textbooks refers to a collaborative paper between Turgot.
6. This is true for any production function.
7. The stickiest assumption of this model is that production function does not include diminishing returns to capital.
8. They all have their individual production functions.
9. The income growth caused by increased production volume is determined by moving along the production function graph.
10. Assuming each car is produced with 4 tires and 1 steering wheel, the Leontief production function is