A Firm Has the Production Function F(x, Y) = X¹

question 6

Multiple Choice

A firm has the production function f(x, y) = x^1.40y^1.90. This firm has

• A) decreasing returns to scale and diminishing marginal product for factor x.
• B) increasing returns to scale and decreasing marginal product for factor x.
• C) decreasing returns to scale and increasing marginal product for factor x.
• D) constant returns to scale.
• E) None of the above.

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Definitions:

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A technique that teaches individuals to improve their health and performance by controlling physiological processes that normally happen involuntarily, such as heart rate or blood pressure.

Mindfulness Meditation

A meditation practice focusing on being intensely aware of what you're sensing and feeling in the moment, without interpretation or judgment.

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A trance-like state of focused attention, increased suggestibility, and heightened imagination, often used for therapeutic purposes.

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A method that teaches individuals how to achieve a state of deep relaxation to alleviate stress and improve well-being.