When estimating a short-run production function of the form $Q = A L ^ { 3 } + B L ^ { 2 }$ , it is necessary to specify in the computer routine that A) A 0. C) the intercept term is forced to equal zero. D) a and b E) all of the above

Question

When estimating a short-run production function of the form $Q = A L ^ { 3 } + B L ^ { 2 }$ , it is necessary to specify in the computer routine that
A) A < 0.
B) B > 0.
C) the intercept term is forced to equal zero.
D) a and b
E) all of the above

Quizplus · Accepted Answer

The Answer of When estimating a short-run production function of the form $Q = A L ^ { 3 } + B L ^ { 2 }$ , it is necessary to specify in the computer routine that
A) A < 0.
B) B > 0.
C) the intercept term is forced to equal zero.
D) a and b
E) all of the above

When Estimating a Short-Run Production Function of the Form Q=AL3+BL2Q = A L ^ { 3 } + B L ^ { 2 }Q=AL3+BL2

When Estimating a Short-Run Production Function of the Form $Q = A L ^ { 3 } + B L ^ { 2 }$