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With a Cubic Production Function of the Form Q=aK3L3+bK2L2Q = a K ^ { 3 } L ^ { 3 } + b K ^ { 2 } L ^ { 2 }

Question 21

Multiple Choice

With a cubic production function of the form Q=aK3L3+bK2L2Q = a K ^ { 3 } L ^ { 3 } + b K ^ { 2 } L ^ { 2 } , in order for the average and marginal product functions to have their theoretical properties, it must be the case that


A) a < 0, b > 0
B) a > 0, b < 0
C) a < 0, b < 0
D) a > 0, b > 0

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