Which of the Following Production Functions Displays Decreasing Returns to Scale

question 43

Multiple Choice

Which of the following production functions displays decreasing returns to scale?

• A) Q = aL + bK²
• B) Q = aL + bK
• C) Q = bLK
• D) Q = cL^.2K^.5
• E) Q = cL²K⁵

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Definitions:

Unsolicited Application

A job application sent by an applicant to a company that has not advertised an open position, showing initiative on the part of the job seeker.

Attention-Getters

Strategies or devices used to capture the audience's focus at the beginning of a communication or presentation.

Visual Cortex

The Visual Cortex, situated in the occipital lobe, is the brain region tasked with processing visual information.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring others.