With a Cobb-Douglas Technology, When α+ β= 1, We Have

question 6

Multiple Choice

With a Cobb-Douglas technology, when α+ β= 1, we have

• A) constant returns to scale
• B) increasing returns to scale
• C) decreasing returns to scale

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Definitions:

Exchange Tactic

A strategy used in interpersonal or organizational interactions where resources, benefits, or favors are traded to gain advantage or cooperation.

Ingratiation

A social influence strategy aimed at making oneself more likable or agreeable to another, particularly used in organizational settings.

Proactive Influence

The effect of anticipating potential future problems, needs, or changes, and taking action to address or capitalize on them beforehand.

Influence Attempt

The effort to change the behavior, attitude, or perceptions of another person or group through persuasive means.