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The Production Function Y=AˉKˉ1/3Lˉ2/3Y = \bar { A } \bar { K } ^ { 1 / 3 } \bar { L } ^ { 2 / 3 }

Question 125

Multiple Choice

The production function Y=AˉKˉ1/3Lˉ2/3Y = \bar { A } \bar { K } ^ { 1 / 3 } \bar { L } ^ { 2 / 3 } describes:


A) how any amount of labor and a particular amount of capital can be combined to generate output
B) how particular amounts of capital and labor can be combined to generate output
C) how any amount of capital and labor can be combined to generate output
D) how any amount of capital and a particular amount of labor can be combined to generate output
E) None of these answers are correct.

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