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    Question

    In the Spillman production function used in agricultural

    production analysis, the variable “Y” represents:
    A Total output Correct Answer Incorrect Answer
    B Total input Correct Answer Incorrect Answer
    C Maximum output Correct Answer Incorrect Answer
    D Minimum input Correct Answer Incorrect Answer
    E Efficiency level Correct Answer Incorrect Answer

    Solution

    In the Spillman production function, “Y” denotes the total quantity of output produced. The function is used to model diminishing marginal returns to input in agriculture.

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