Consider the Production Function Y=4F(L,K,H,N)

question 112

Essay

Consider the production function Y=4F(L,K,H,N). Suppose F(10, 8, 6, 5) = 100 and F(30, 24, 18, 15) = 300. Does the production function have the property of constant returns to scale? Why or why not?

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Definitions:

Facial; Trigeminal

Refers to the trigeminal nerve, which is responsible for sensation in the face and motor functions such as biting and chewing.

Trochlear; Facial

The trochlear nerve is responsible for eye movement, and the facial nerve controls facial expressions, taste sensations, and some glandular functions.

Viscera

The internal organs in the main cavities of the body, especially those within the abdominal and thoracic cavities.

Vagus Nerve

A cranial nerve that innervates major organs, including the heart, lungs, and digestive tract, playing a critical role in the parasympathetic nervous system.