If production is given by Q = KL, doubling both inputs
a. more than doubles output.
b. exactly doubles output.
c. increases output but does not double it.
d. leaves output unchanged.
Question 2
Two games that differ only in the timing of movesone simultaneous, the other sequential movecan sometimes have completely different subgame-perfect equilibria. Why?
a. The second mover to choose non-credible threats.
b. The first mover can choose an action that it would deviate from if its action were secret.
c. Subgame-perfect equilibrium cannot be applied to simultaneous games.
d. All of the above.
An analogy for how cardiac output, resistance, and blood pressure are related.
The output on this alternator is printed on a label.
Hubbard’s Predication of Peak in U.S Oil Production with Actual Data
Effect of an Increase in gA,2 on Productivity and Output
A comparison of sperm production and egg production in humans
Satellite data showing net primary production. Productivity is coded as red (highest) down through o