The Matching Function Exhibits All of the Following Properties Except

question 7

Multiple Choice

The matching function exhibits all of the following properties except

• A) diminishing marginal product of labor.
• B) constant returns to scale.
• C) increasing in matching efficiency.
• D) increasing in inputs of searching consumers and firms.

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Definitions:

Hypochondria

An excessive preoccupation with the fear of having a serious illness, despite medical reassurance to the contrary.

Claustrophobia

An anxiety disorder characterized by an irrational fear of being in enclosed or narrow spaces.

Enclosed Places

Spaces that are fully or partially surrounded by walls and a ceiling, often creating a separate and distinct environment from the outside.

Brontophobia

An irrational fear of thunder and lightning.