With a cubic production with fixed capital Q = A + BL + CL2 + DL3 and a shape shown above,A is
A) positive and greater than B.
B) positive and less than B.
C) zero.
D) negative.
Correct Answer:
Verified
Q2: Suppose Q = KaLb,if a + b
Q3: When isoquants get progressively closer together there
Q4: If Q = K1/2L1/2 the MPK is
A)constant
B)diminishing
C)increasing
Q5: Q6: If Q = K2L2 the MPK is Q7: A production function measures how an individual Q9: Q11: If Q = K2L2 the MPL is Q12: If production is given by Q = Q13: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)constant
B)diminishing
C)increasing
A)constant
B)diminishing
C)increasing