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    Question

    The relationship that focuses on the efficiency of

    converting inputs into a single output in production is known as the:
    A Factor–product relationship Correct Answer Incorrect Answer
    B Factor–factor relationship Correct Answer Incorrect Answer
    C Product–product relationship Correct Answer Incorrect Answer
    D Cost–factor relationship Correct Answer Incorrect Answer
    E Profit–product relationship Correct Answer Incorrect Answer

    Solution

    The factor–product relationship analyzes how varying levels of a single input influence the output, helping determine the optimal level of input use.

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