Consider the Production Function
Y = $\sqrt{\mathrm{K}}$ $\sqrt{N}$

question 31

Essay

Consider the production function
Y = $\sqrt{\mathrm{K}}$ $\sqrt{N}$
a.Compute output when K = 81 and N = 100.
b.Is this production function characterized by constant returns to scale? Explain.

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Definitions:

Warmer

An adjective describing an increase in temperature or a device used to raise the temperature of something.

Moisture

The presence of a liquid, especially water, often in trace amounts in the environment or substances.

Food Passage

The process by which food moves through the digestive tract, starting from ingestion into the mouth and continuing through the esophagus, stomach, and intestines until waste is excreted.

Air Passage

The path through which air moves into or out of the respiratory system, including the nose, throat, and lungs.