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Shanu posted an Question
September 02, 2020 • 22:58 pm 75 points
  • UGC NET
  • Economics

Who gave the theory of production in economics

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  • Anonymous User best-answer

    Theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of ...

  • Anonymous User Best Answer

    Robert Dorfman. Emeritus Professor of Economics, Harvard University.

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