Multiple Choice
The assumption that states that, if there is a production activity y that produces a certain amount of output z using capital and labor in particular amounts and another activity w that produces the same quantity using different amounts of these inputs, then we can always produce at least z by mixing these activities and using y a fraction of the time and w a fraction of the time is known as the
A) additivity assumption
B) divisibility assumption
C) convexity assumption
Correct Answer:

Verified
Correct Answer:
Verified
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