Economic region of production

In economics and microeconomics, the economic region of production is an offshoot of the theory of production function with two variables. It is a cost-oriented theory which defines the region in which the optimal factor combination will lie.

Source: Wikipedia — Economic region of production (CC BY-SA 4.0)

Economic region of production

In economics and microeconomics, the economic region of production is an offshoot of the theory of production function with two variables. It is a cost-oriented theory which defines the region in which the optimal factor combination will lie.

Source: Wikipedia "Economic region of production" · CC BY-SA 4.0

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