41. The production function is quasi-convex in three dimensions. 42. A production function can also be seen as the dynamics of national output / national income. 43. There are also complexities in the production function . 44. The production function is a simple description of the mechanism of income generation in production process. 45. The standard Cobb Douglas production function found in microeconomics textbooks refers to a collaborative paper between Turgot. 46. This is true for any production function . 47. The stickiest assumption of this model is that production function does not include diminishing returns to capital. 48. They all have their individual production functions . 49. The income growth caused by increased production volume is determined by moving along the production function graph. 50. Assuming each car is produced with 4 tires and 1 steering wheel, the Leontief production function is
