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Scenario 25-1

Question 128

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Scenario 25-1. An economy's production form takes the form Y = AF(L, K, H, N) .
-Refer to Scenario 25-1. If the production function has the constant-returns-to-scale property, then it is possible that the specific form of the production function is


A) Y = 4L + 2K + 3H + N
B) Y = (L + K + H + N) /4
C) Y =2 Scenario 25-1. An economy's production form takes the form Y = AF(L, K, H, N) . -Refer to Scenario 25-1. If the production function has the constant-returns-to-scale property, then it is possible that the specific form of the production function is A) Y = 4L + 2K + 3H + N B) Y = (L + K + H + N) /4 C) Y =2 D) Y = 4
D) Y = 4 Scenario 25-1. An economy's production form takes the form Y = AF(L, K, H, N) . -Refer to Scenario 25-1. If the production function has the constant-returns-to-scale property, then it is possible that the specific form of the production function is A) Y = 4L + 2K + 3H + N B) Y = (L + K + H + N) /4 C) Y =2 D) Y = 4

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