What do you mean by production analysis
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that between relationship the physical Input and its physical output of is generally represted to as production function production is a process in which physical inputs are transformed into physical output does the output is a function of output in and this functional relationship between physical Input and physical output of a for is can know a production function is not the word of the production of function is the name given the relationship between its rates of inputs of production service and the rate of output of product...
when inputs are specified in physical unit production function help to estimate the level of production and its indicate the manner in which the firm can substitute on input or another without turning the total output when price is taken into constitution the production function help to select the list of combination of inputs for the decide output...
is related to a particular period of time and their no change in a technology production function may be fixed proprietortion production function and variable proportion production function is case of fixed proportion production function is factor of production must be used in definite fixed Pro portion in order to produce a given level of output...
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