A logic function represents a mathematical expression using operators such as AND, OR, and NOT, while a logic circuit is a physical representation of that function using logic gates. Each component, including comparators, multiplexers, adders, registers, and shifters, has its own specific logic function. The distinction lies in the abstract nature of logic functions versus the tangible nature of logic circuits. Understanding this difference is crucial for designing and analyzing digital systems. Each logic component can be expressed through both a logic function and its corresponding logic circuit.