A Firm Has the Production Function F(x, Y)= X⁰

question 51

Multiple Choice

A firm has the production function f(x, y) = x^0.90y^0.80.This firm has

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

Understand the physiological responses and effects of drugs on the nervous system.

Understand the mechanisms and conditions that trigger an action potential in neurons.

Identify the roles of sodium and potassium ions in the generation and propagation of action potentials.

Describe the resting potential state of a neuron and the importance of ion distribution.

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Definitions:

Remedy of Rescission

A legal remedy that voids a contract, returning the parties to their positions prior to the agreement, typically used in cases of misrepresentation or fraud.

Statutory Assignment

The transfer of legal rights from one party to another under the terms of a statute.

Equitable Assignment

Equitable assignment refers to a transfer of rights or benefits from one party to another that is recognized by courts of equity despite lacking the formal legal structure of a statutory assignment.

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, with intent to deceive and induce another to enter into a contract.