In production economics, the relationship that models the simultaneous allocation of multiple inputs to yield multiple outputs is called the _____ relationship.

### Why this is right The fourth listed relationship is multifactor-multiproduct. It examines production involving several inputs and several products. ### The concept Factor-product analysis considers an input and a product relationship. Factor-factor analysis considers combinations of inputs. Product-product analysis considers relationships between outputs. Multifactor-multiproduct analysis extends the focus to multiple inputs and multiple outputs. ### Remember The four labels distinguish which inputs and outputs are considered together.