The __________ function shows the relationship between one input and total output.

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Excel in the Farm and Agribusiness Management CDE Test. Leverage flashcards and multiple-choice questions, each with comprehensive hints and explanations. Prepare confidently for your test today!

The production function illustrates how different amounts of a particular input can affect total output in the context of agricultural production or other economic activities. By defining the relationship between input (such as labor, land, or capital) and output (the goods produced), this function helps producers understand how to efficiently utilize their resources to maximize production.

In agricultural management, for instance, the production function can illustrate how varying the amount of fertilizers or seeds affects the yield of crops. This relationship is crucial for making informed decisions about resource allocation, budgeting, and forecasting future production levels.

The other choices do not represent the same concept: the consumption function pertains to how much of a good is consumed with respect to income; the isoquant function represents combinations of different inputs that produce the same level of output, while isorevenue deals with levels of revenue derived from output. Each of these has its own significance in economic theory but they do not directly illustrate the relationship between one specific input and total output like the production function does.

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