Using the Cobb-Douglas Production Function,while Holding Other Inputs Constant,if the Amount

question 80

Multiple Choice

Using the Cobb-Douglas production function,while holding other inputs constant,if the amount of a specific factor is increasing ________.

• A)the increased amount of output from an extra unit of input declines
• B)the increased amount of output from an extra unit of input increases
• C)that factor's share of output is declining
• D)that factor's share of output is increasing
• E)none of the above

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