Economic region of production
id:
economic-region-of-production-285-5429960
title:
Economic region of production
text:
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. It serves as a map of the region of optimal production. Economic region of production consist of negatively sloped portion of all isoquants.
brand slug:
wiki
category slug:
encyclopedia
description:
Economic theory stemming from the theory of production
original url:
https://en.wikipedia.org/wiki/Economic_region_of_production
date created:
date modified:
2023-12-15T05:07:21Z
main entity:
{"identifier":"Q5333539","url":"https://www.wikidata.org/entity/Q5333539"}
image:
fields total:
13
integrity:
14