百度试题 结果1 题目 A production function relates the amount or volume of output to the various inputs of labor, material and equipment.答案( ) 相关知识点: 试题来源: 解析 正确 反馈 收藏
A production function tells the firmA.the maximum it can expect to produce with a given mix of inputs.B.the average it can expect to produce with a given mix of inputs.C.the minimum it can expect to produce with a given mix of inputs.D.the average level of production for other firm...
A production function shows the relationship between:A.gross domestic product and gross national product.B.the quantity of inputs used in production and the quantity of output from production.C.buyers and sellers in an economy.D.production and spending.
Figure 1 The figure below depicts a production function for a firm that produces cookies. Refer to Figure As the number of workers increases, A. total output increases, but at a decreasing rate. B. marginal product increases, but at a decreasing rate. C. marginal product increases at an in...
Assume that a country has a production function of Y = K^(0.3)L^(0.7), a ratio of capital to output of 3, and a growth rate of ouput of 3% and a depreciation rate of capital of 4%. Assuming that the price of capital is determined by its marginal output. (2) If the economy ...
A Production Function Method of Estimating the Output GapMurat Ungor
The production function feature called constant returns to scale means that if we: A.multiply capital by z1 and labor by z2 , we multiply output by z3B.increase capital and labor by 10 percent each, we increase output by 10 percent.C.increase capital and labor by 5 percent each, we ...
The production function depicts the relationship between the quantity of labor and the quantity of output. B. The slope of the production function measures marginal cost. C. The quantity of output determines the maximum amount of labor the firm will hire. D. All of the above are ...
A production function is an equation that outlines the relationship between a business's productive resources and the output of...
This paper estimates a production function where nutrition is modeled as having two distinct effects. First, increased levels of nutrition are found to have a positive and significant effect on the returns to future investments in human capital, making these net returns positive and significant. Incr...