What is a production process?
A. Technical relationship between physical inputs and physical output
B. Relationship between fixed factors of production and variable factors of production
C. Relationship between fixed factors of production and the utility created by it
D. Relationship between a quantity of output produced and time taken to produce the output
Answer:A
What is a production process?
A. Technical relationship between physical inputs and physical output B. Relationship between fixed factors of production and variable factors of production C. Relationship between fixed factors of production and the utility created by it D. Relationship between a quantity of output produced and time taken to produce the output