A Firm Uses 3 Factors to Produce Its Output

question 40

Multiple Choice

A firm uses 3 factors to produce its output.Its production function is f(x, y, z) = min{x³/y, y², (z⁴ - x⁴) /y²}.If the amount of each input is multiplied by 3, its output will be multiplied by

• A)0.30.
• B)3.
• C)9.
• D)27.
• E)The answer depends on the original choice of x, y, and z.

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Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of mental disorders.

Dangerous

Involving potential harm or risk to health, safety, or well-being.

Cultural Relativism

View that norms among cultures set the standard for what counts as normal behavior, which implies that abnormal behavior can only be defined relative to these norms and that no universal definition of abnormality is therefore possible; only definitions of abnormality relative to a specific culture are possible.

Deviant

Describes behaviors or actions that differ significantly from societal norms or expectations.