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Sagot :
This situation is called a manufacturing calendar.
A production functiona can beor expressed in table, graph, as a mathematical formula. So, a production function is least likely to be expressed in a manufacturing calendar.
This situation is called Profit maximization as this is the situation where the level of output of goods that equates to marginal cost and marginal revenue. When the marginal cost and marginal revenue become equal, the profit of the company or a firm increases.
Marginal cost is the additional cost of producing an additional good. For example, it costs him $100 to make 100 car tires. It costs $80 to build another tire. This is the marginal cost. That is, the cost of producing additional units of goods or services. Marginal cost is determined by the cost of production. Marginal cost refers to the additional cost of producing each additional unit. For example, it might cost $10 to make 10 cups of coffee. Now he makes one and it costs $0.80. This is the marginal cost. Additional cost to produce additional units of production.
Learn more about marginal cost here: https://brainly.com/question/11689872
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