Assume a Cobb-Douglas Production Function in Which the Share of Capital

question 47

Multiple Choice

Assume a Cobb-Douglas production function in which the share of capital is a = 1/4 and the share of labor is b = 3/4.In this case, the marginal product of capital is

• A)Y/3K
• B)3Y/4K
• C)Y/4K
• D)3Y/K
• E)1/4

---

Definitions:

Question Order

The sequence in which questions are presented in a survey or questionnaire, which can influence respondents' answers.

Dichotomous Questions

Questions that offer a choice between two possible answers—for example, “yes” or “no.”

Possible Response

Any potential answer or reaction that can be given in a survey or experimental setting, often predefined in a list of options.

Funnel-format

A structured way of presenting information or arguments that starts broadly and then narrows down to specific points or conclusions.