Suppose the Production of DVD Players Can Be Represented by the Following

question 97

Multiple Choice

Suppose the production of DVD players can be represented by the following production function: q = L^0.4K^0.4. Which of the following statements is (are) TRUE?

• A)The production function has decreasing returns to scale.
• B)The marginal productivity of labor falls as labor increases in the short run.
• C)Capital and labor can be substituted for one another.
• D)All of the above.

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Definitions:

Skin Infections

Infections that occur when pathogens such as bacteria, fungi, or viruses invade the skin and sometimes the deeper tissues.

Personal Hygiene

Practices related to maintaining cleanliness and grooming of the external body.

Community Health

A field of public health that focuses on promoting, protecting, and improving the health status of people in community settings.

Semicritical Items

Objects that come into contact with mucous membranes or non-intact skin and require a high level of disinfection to prevent infection.