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Statements

Subject Item
dbr:Economic_region_of_production
rdf:type
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Economic region of production
rdfs:comment
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.
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dbc:Production_economics
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31256939
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1102959826
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dbr:Production_theory_basics dbr:Marginal_product dbr:History_of_microeconomics dbr:Production_(economics) dbr:Productivity_model dbr:Economics dbr:Microeconomics dbr:Productivity dbr:Isoquant dbc:Production_economics dbr:Distribution_(economics) dbr:Production_function
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dbo:abstract
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.
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wikipedia-en:Economic_region_of_production