What is the importance of the production function


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Based upon what we learned from our required learning activities, what is the importance of the production function in determining how much input is required to produce a given output? In considering returns to scale, could you determine that if the number of police officers in a community are doubled, whether you would have an equal amount reduction in crime? If so, what type variables would you include in the calculation?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the importance of the production function
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