Relationship between the output and the combination of factors used to obtain it, in an economic activity.

During all the examples, Q is the output quantity per time period and L and K are the inputs quantities per time period.

Q=aL

Q=aLb 0<b<1

Q=aLbKb

See more about the Cobb-Douglas Production Function.

Q=aL+bK

Q=min{aL,bK}