A Production Function with Constant Returns to Scale for Capital

question 26

Multiple Choice

A production function with constant returns to scale for capital alone implies that

• A)there are increasing returns to scale for all factors of production taken together
• B)if all inputs are doubled then output will more than double
• C)smaller firms are more efficient than larger firms
• D)technological advances cannot take place
• E)both A and B

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The routine practice of measuring a patient's body weight to monitor health, assess nutritional status, or calculate medication dosages.

Hypovolemia

A medical condition characterized by a severe loss of blood or body fluids, leading to decreased blood volume and potential circulatory shock.

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A medical occurrence where fluid from an intravenous injection leaks into the surrounding tissue.

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Inflammation of a vein, often accompanied by pain and swelling, and sometimes leading to thrombosis.