if all factors of production are increased in a given proportion, output also increased in a same proportion:
A) second degree
B) first degree
C) third degree
D) none
Correct Answer:
Verified
Q2: The amount of a productive factor that
Q3: The ratio of the factors (K/L):
A)apk
B)apl
C)mpl
D)mpk
Q4: Marginal rate of substitution between factors is
Q5: The elasticity of substitution under cob- Douglas
Q6: If
Q7: The percentage change in output caused by
Q8: If output is exhausted by the distributive
Q9: Who is invented the linear programming technique:
A)h.
Q10: Those which meet or satisfy the constraints
Q11: one of the assumptions of LPP:
A)linearity
B)elasticity
C)equilibrium
D)none
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