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Mathematical Expression of a Production Function with One Variable Input: Y = f(X)
Linear Production Function
A linear production function describes a scenario where output increases in direct proportion to an increase in a single input like labor. Graphically, this relationship is represented by a straight line with a constant, positive slope, which indicates a constant marginal product of labor. This serves as a theoretical contrast to the more common concave production functions where some inputs are fixed.
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Graphical Representation of the Farmers' Production Function for Grain
Properties of a Plausible Production Function
Linear Production Function