The Cost Function $C = Q \left[ v ^ { 1 / 2 } + w ^ { 1 / 2 } \right] ^ { 2 }$

question 16

Multiple Choice

The cost function $C = Q \left[ v ^ { 1 / 2 } + w ^ { 1 / 2 } \right] ^ { 2 }$ arises from

• A)a Cobb-Douglas production function.
• B)a CES production function.
• C)a fixed proportions production function.
• D)a Translog production function.

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Definitions:

Gardner

Gardner refers to Howard Gardner, an American developmental psychologist best known for his theory of multiple intelligences, which proposes that intelligence is not a single general ability but rather includes multiple, specific modalities.

Intelligence

The ability to acquire knowledge, think abstractly, and adapt to new situations effectively.

Howard Gardner

An American developmental psychologist known for his theory of multiple intelligences, which suggests that intelligence is multidimensional and not confined to a single general ability.

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that intelligence is not a single, fixed attribute but consists of various distinct types enabling individuals to excel in different domains.