A Production Function May Exhibit

question 36

Multiple Choice

A production function may exhibit

• A)constant returns to scale and diminishing marginal productivities to all inputs.
• B)constant returns to scale and diminishing marginal productivities to all but one input,but at least one input must have a constant marginal productivity.
• C)constant returns to scale and diminishing marginal productivity to at most one input.
• D)constant returns to scale and diminishing marginal productivities for no inputs.

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Definitions:

Cubic Millimeters

A unit of volume measurement in the metric system, equal to one millimeter by one millimeter by one millimeter, used to quantify very small volumes.

Cubic Inches

A unit of volume measurement used primarily in the United States, commonly in reference to the displacement volume of engine cylinders.

Separate Camshafts

The use of distinct camshafts for the intake and exhaust valves in an engine, allowing for improved engine performance.

Intake Valves

Mechanical components in an engine that open and close to allow the mixture of air and fuel into the combustion chamber for ignition.