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    Question

    The fundamental economic concept that describes how

    output changes in response to changes in input levels is best captured by the term:
    A Production Correct Answer Incorrect Answer
    B Production function Correct Answer Incorrect Answer
    C Elasticity of production Correct Answer Incorrect Answer
    D Consumption function Correct Answer Incorrect Answer
    E Marginal utility Correct Answer Incorrect Answer

    Solution

    The production function establishes a quantitative relationship between inputs and outputs in farming, serving as a tool for efficiency analysis and planning.

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