Skip to content
Question 25 of 39

Q.The functional relationship between "inputs" and "outputs" is called as ______.

(a) Savings function
(b) Consumption function
(c) Investment function
(d) Production function
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
64% · 25/39 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

The correct option is (d) Production function: it links inputs to output.

A production function states the maximum output that can be obtained from any given combination of factor inputs (land, labour, capital, organisation), for a given state of technology. Symbolically Q = f(L, K, …). It is a technical, not a monetary, relationship.

…

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.