A Fixed- Proportions Production Function Is One in Which

question 58

Multiple Choice

A fixed- proportions production function is one in which:

• A)a unit of output is produced using inputs equally.
• B)more of one input cannot be substituted for less of another.
• C)inputs can be substituted for one another in a limited range.
• D)increasing the use of an input requires decreasing another by the same amount.

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Definitions:

Qualitative Data

Non-numerical information collected through methods like interviews, observations, and text analysis, which provides in-depth insight into a subject.

Phases of Program Evaluation

Sequential steps involved in assessing the planning, implementation, and effectiveness of program objectives.

Structured Observations

An observational research method where data is collected systematically according to a predefined scheme or protocol.

Participant Observations

A qualitative research method where the researcher actively engages in the community or environment being studied to gather detailed firsthand information.