what is production function??what are its characteristics?????

The production function of a firm depicts the relationship between the inputs used in the production process and the final output produced. Algebraically, a production function is represented as,

Q_x = f (L,K)

Where,

L represents units of labour used (input 1)

K represents units of capital used (input 2)

Q_x represents the unit of output produced

The following are the characteristics of a production function.

1. Production function describes the transformation of inputs into final products.
2. It involves a combination of inputs that are used for the production of final inputs.
3. Production function is associated with a given level of technology.
4. The inputs used in the production process (as specified in the production function) are called as factors of production.