Given a Production Function $Q = 3 L K$ ,We Can Say That:
A)this Production Function Is Not Cobb-Douglas

question 55

Multiple Choice

Given a production function $Q = 3 L K$ ,we can say that:

• A)this production function is not Cobb-Douglas.
• B)this production function is Cobb-Douglas and exhibits decreasing returns to scale.
• C)this Cobb-Douglas production function does not exhibit a constant elasticity of substitution.
• D)this production function is Cobb-Douglas and exhibits increasing returns to scale.

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Definitions:

Cycle

One complete AC waveform.

Effective

Producing a decided, decisive, or desired effect, particularly in the context of performance or efficiency.

Peak-to-peak

Refers to the difference in amplitude between the highest and the lowest points of a waveform, indicating the total voltage change.

Average

A numerical value expressing the central or typical value in a set of data, calculated as the sum of the values divided by their number.