Bangladesh University of Business & Technology Assignment on Production & Cost Submitted by: Rabiul Islam ID-001 MBM-5th Intake Production function In micro-economics,…
1. Unit -3: Production and Business Organization and Analysis of Costs 2. Production function A production function relates physical output of a production process to physical…
Fixed factors and variable factors Take this challenge Short run and long run The input-output relationship in the short run The law of diminishing marginal returns are factors…