answersLogoWhite

0


Best Answer

difference between homogeneous and non homogeneous production function

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
BeauBeau
You're doing better than you think!
Chat with Beau
More answers
User Avatar

AnswerBot

9mo ago

A homogeneous production function exhibits constant returns to scale, meaning that doubling all inputs leads to an exactly doubled output. A non-homogeneous production function does not exhibit constant returns to scale and shows varying output levels when inputs are changed.

User Avatar

Add your answer:

Earn +20 pts
Q: What is homogeneous and non homogeneous production function?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is homogenous production function?

A homogeneous production function exhibits constant returns to scale, meaning that if all inputs are increased by a certain factor, output increases by that same factor. Mathematically, a production function is considered homogeneous if it satisfies the property F(zK, zL) = zF(K, L) for all z > 0, where K and L represent inputs of capital and labor, respectively, and F denotes the production function.


What is a filter category?

devices that function to separate items or materials from a non-homogeneous mass or context.


Is Euler's theorem is a property of homogeneous function?

Yes, it is a property of homogeneous function.


Difference between homogeneous and non homogeneous materials?

Non-homogeneous materials have two or more phases.


What testes functions?

Production of sperms is very important function of testis. That is non-endocrine function.


What is a mixture of water and a non-dissolvent material is a?

It is called a suspension, and it may be either homogeneous or non-homogeneous.


Is hot dog relish a homogeneous mixture or a heterogeneous?

Hot Dogs is a non-homogeneous mixture.


What is the production function and types of production function?

production function is relation between firm's production and material factors of production


What is non homogeneous material?

collection of dissimilar type of data is called non homogeneous data structure as for example structure .


What is non homogeneous?

A mixture that is not completely mixed.


Is the mixture of non reacting gases homogeneous?

The mixture of non reacting gases is homogeneous.


Are non reacting gases homogeneous?

no