In a production function, what is the term used to describe the maximum output that can be achieved with a given set of inputs?

In a production function the highest amount of goods that can be made from a specific bundle of inputs is called the **maximum output** or simply the **output** of that production function. It represents the best possible performance when all inputs are used efficiently. Think of a factory that can produce 100 cars a day with a given amount of labor and machines; 100 cars is the maximum output for those inputs. This concept shows how much a firm can produce before any input is exhausted or before diminishing returns set in.