Which of the following represents a short-run cubic production function?
A. Q = aK3L3 + bK2L2
B. Q = AL3 + BL2 (where A = a
3, B = b
2)
C. Q = 3AL2 + 2BL (where A = a
3,B = b
2)
D. Q = AL2 + BL (where A = a
3, B = b
2)
E. all of the above
Answer: B
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What will be an ideal response?
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