Solved

The Aggregate Production Function Is Y = 4K⁰

Question 136

Multiple Choice

The aggregate production function is Y = 4K^0.5L^0.5. If there are 169 units of capital and 49 units of labor, aggregate output is

A) 308 units.
B) 364 units.
C) 455 units.
D) 626 units.

Related Questions

Q131: Convergence theory suggests that when less developed

Q132: Zuliu Hu and Mohsin Khan have stated

Q133: Human capital increases with on-the-job training.

Q134: As growth _ and countries become _,

Q135: Refer to the information provided in Table

Q137: A firm used to produce a product

Q138: Related to the Economics in Practice on

Q139: Refer to the information provided in Figure

Q140: Refer to the information provided in Table

Q141: Refer to the information provided in Table