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(Production) A production function shows the relationship between inputs and an output. Consider a production function...

(Production) A production function shows the relationship between inputs and an output. Consider a production function for your own academic success. What would you measure as the output? Describe at least four inputs that would affect your academic success and explain whether each input has a positive or negative effect on your academic success. Write at least two paragraphs.

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Answer #1

Output=marks/grades

Inputs=study hours-Number of hours invested in preparing for exams

books-The more number of books for reference,the better the result

school-Better school-better grades

tutions/online help-Helps in clearing doubts further.

All these positively contributes in success.However,if anything is used too much,the results starts decling because the student loses the focus and is unable to grasp further topics.All these inputs must be used in certain proportion to maximize the result.

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