If the Production Function Is Q = K

question 32

Multiple Choice

If the production function is Q = K^.5L^.5 and capital is fixed at 1 unit, then the average product of labor when L = 25 is

• A)2/5.
• B)1/5.
• C)10.
• D)none of the statements associated with this question are correct.

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Definitions:

D-2 Enhancer

A compound or substance that increases the activity of the D2 dopamine receptor, potentially affecting mood and behavior.

Viral Theory

The hypothesis that some diseases, particularly mental illnesses, are caused by viruses or other infectious agents.

Genetic Theory

An explanation of how traits and characteristics are transmitted through generations via the genes encoded in DNA.

Dopamine Theory

The hypothesis that imbalances in the neurotransmitter dopamine play a significant role in the development of psychiatric disorders, particularly schizophrenia.