This topic contains a solution. Click here to go to the answer

Author Question: Suppose Q = KaLb, if a + b > 1 the isoquants will be a. upward sloping. b. progressively closer ... (Read 103 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Suppose Q = KaLb, if a + b > 1 the isoquants will be
 a. upward sloping.
  b. progressively closer together at higher quantities.
  c. progressively further apart at higher quantities.
  d. equally spaced.

Question 2

If production is given by Q = KsLb, (a + b < 1) doubling both inputs
 a. more than doubles output.
  b. exactly doubles output.
  c. increases output but does not double it.
  d. leaves output unchanged.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

b

Answer to Question 2

c




karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library