Refer to Scenario 7.2. This production function is an example of which of the following types of production functions?

A) Cobb-Douglas
B) Leontief
C) Fixed proportions
D) Lagrange
E) none of the above


A

Economics

You might also like to view...

A price floor in an agricultural market is called

A) an agricultural floor. B) a farm support. C) a price support. D) a farm subsidy. E) a farm support price.

Economics

A wholesale flower market is an example of ________

A) perfect competition B) monopolistic competition C) monopoly D) oligopoly

Economics

The figure above shows Sam's budget line. Which of the following equals the slope of Sam's budget line?

A) Y/Pc B) Y/Pg C) (Pc/Pg) D) (Pg/Pc)

Economics

When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the ________ and the demand curve for Treasury bonds shifts to the ________

A) right; right B) right; left C) left; right D) left; left

Economics