The Production Function Is Y = 2K⁰

question 141

Multiple Choice

The production function is Y = 2K^0.5L^0.5. If there are 121 units of capital and 225 units of labor, aggregate output is:

• A) 330 units.
• B) 240 units.
• C) 120 units.
• D) 165 units.

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Definitions:

Hypnosis

A trance-like state of focused attention, reduced peripheral awareness, and an enhanced capacity for response to suggestion.

Trancelike State

A semi-conscious state in which a person may be highly responsive to suggestion or direction, often associated with hypnosis.

Coma

A deep state of prolonged unconsciousness, where a person cannot be awakened, fails to respond normally to pain, light, or sound, lacks a normal wake-sleep cycle, and does not initiate voluntary actions.

Frequently Used Drug

A substance that is commonly consumed or administered to achieve a desired psychoactive effect.