Skip to content

Course home

7.5.1 short-run production function

Card 1 of 26

What is production?

A

Production is the process of turning inputs into outputs of goods and services.

B

Consumption is the process of turning inputs into outputs of goods and services.

C

Distribution is the process of turning inputs into outputs of goods and services.

D

Exchange is the process of turning inputs into outputs of goods and services.

Card 1 of 26

7.5.1 short-run production function Flashcards

  1. Intl A Level
  2. /Economics
  3. /7.5.1 short-run production function

26 flashcards on CIE Intl A Level Economics 7.5.1 short-run production function: the key terms and definitions you need to recall.