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explain why the following a good defintions of Production function is the input-output relationship between resources and their product. This explains how one resource could
explain why the following a good defintions of Production function is the input-output relationship between resources and their product. This explains how one resource could be used for mulitple products. It also explains how resources can be substituted to make the same product. Depending on the capital you have such as seed, equipment, brood stock, improved cleared land, and cattle all of thesze resources could make a wide variety of product. With improved land you could plant oats or rye to better feed your cattle. You could also plant a crop that is in high demand in your area with seed. With the land you just cleared you could sell fire wood if the trees are a viable source for that
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