With a cubic production with fixed capital Q = A + BL + CL2 + DL3 and a shape shown above,C is
A) positive.
B) zero.
C) negative and less than D.
D) negative and greater than D.
Correct Answer:
Verified
Q2: Suppose Q = KaLb,if a + b
Q8: Q9: Q11: If Q = K2L2 the MPL is Q12: If production is given by Q = Q14: When isoquants get progressively further apart there Q15: If Q = K1/3L2 the MPK is Q16: A firm is defined as Q17: If production is given by Q = Q18: Suppose electricity (E)can be produced with coal
A)constant
B)diminishing
C)increasing
A)constant
B)diminishing
C)increasing
A)a president,some vice
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