If There Are Constant Returns to Scale, How Is the Production

question 31

Multiple Choice

If there are constant returns to scale, how is the production function written?

• A) xY = 2 x A F(L, K, H, N)
• B) Y/L = A F(xL, xK, xH, xN)
• C) Y/L = A F( 1, K/L, H/L, N/L)
• D) xL = A F(1,Y, K, H, N)

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Definitions:

Aversive Conditioning

A method of altering behavior that utilizes negative stimuli to deter unwanted actions.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, leading to physical, emotional, and societal problems.

Negative Transference

A phenomenon in psychotherapy where the patient projects feelings of deep-seated anger, fear, or mistrust onto the therapist, rooted in previous experiences.

Behavioral Contracting

A therapeutic technique involving an agreement between parties to reinforce desired behaviors.