Question

If a firm uses labor to produce output, the firm's production function depicts the relationship between A. fixed inputs and variable inputs in the short run. B. the maximum quantity that the firm can produce as it adds more capital to a fixed quantity of labor. C. the number of workers and the quantity of output. D. marginal product and marginal cost.

Answer 1

Answer:

Option C is the correct answer.

Explanation:

The production function depicts the amount of inputs used to produce a certain level of output. It shows the relation between physical inputs and output level.

If a firm uses only labor to produce certain level of output, the production function would depict the number of workers involved and the quantity of output produced.