Suppose the Production Function Is Q = Min{3K, L}

question 106

Multiple Choice

Suppose the production function is Q = min{3K, L}. How much output is produced when 6 units of labor and 3 units of capital are employed?

• A) 3
• B) 6
• C) 9
• D) None of the statements is correct.

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Definitions:

Reciprocal Translocation

A genetic phenomenon where parts of two different chromosomes exchange places without changing the total amount of genetic material.

Homologous Chromosomes

Pairs of chromosomes in a diploid organism that are similar in shape, size, and genetic content but may carry different alleles.

Trisomy 21

A genetic disorder caused by the presence of an extra 21st chromosome, also known as Down syndrome.

Genetic Imbalance

A condition where there is a discrepancy in the number or structure of chromosomes, often leading to developmental issues or diseases.