With a Cubic Production Function of the Form $Q = a K ^ { 3 } L ^ { 3 } + b K ^ { - 2 } L ^ { 2 }$

question 5

Multiple Choice

With a cubic production function of the form $Q = a K ^ { 3 } L ^ { 3 } + b K ^ { - 2 } L ^ { 2 }$ ,in order for the average and marginal product functions to have their usual theoretical properties,it must be the case that

• A)a < 0,b > 0
• B)a > 0,b < 0
• C)a < 0,b < 0
• D)a > 0,b > 0

---

Definitions:

Sales Mix

This refers to the composition of different products or services sold by a company, impacting the overall profitability.

Bins

Storage containers or spaces used to organize and hold items, often within a warehouse or for inventory management.

Unit Selling Price

The cost at which customers can purchase an individual unit of an item.

Enterprise Product

A product or service designed for large organizations, emphasizing robustness, scalability, and integration capabilities.