Two Inputs ______ When They Must Be Combined in a Fixed

question 33

Multiple Choice

Two inputs ______ when they must be combined in a fixed ratio.

• A) Are perfect substitutes
• B) Are perfect complements
• C) Represent Cobb-Douglas technology
• D) Are fixed inputs

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Definitions:

Scatterplot

A type of graph in statistics that displays values for typically two variables for a set of data.

Positive Correlation

A relationship between two variables in which both variables move in tandem, meaning that as one variable increases or decreases, the other does as well.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many physical and psychological attributes.

Distribution

The act of sharing something out among a number of recipients, or the way in which something is spread or dispersed.