Which of the Following Is True of a Production Function

Multiple Choice

Which of the following is true of a production function?

A) It specifies the maximum feasible output that can be produced for given amounts of inputs.
B) It specifies the maximum revenue that a firm can generate by selling its output.
C) It specifies the amount of goods that can be purchased in a market at a given price.
D) It specifies the expenses a firm can incur as a result of a production process.