D Question 1 In which time period are all inputs fixed? O The immediate run O The short run ○ The long run O The post-world war II era Question 2 The production function maps, O inputs; outputs O outputs; inputs O outputs; outputs O inputs; inputs Question 3 into ? Which of the following correctly describes the following production function? Y = f(L|K,A) O Output is a function of the variable input, labor, holding capital and land fixed O Output is a function of the variable inputs, capital and land, holding labor fixed O Output is a function of management O Ceterus paribus, output changes when capital changes

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter9: Production Functions
Section: Chapter Questions
Problem 9.9P
Question
not use ai please
D
Question 1
In which time period are all inputs fixed?
O The immediate run
O The short run
○ The long run
O The post-world war II era
Question 2
The production function maps,
O inputs; outputs
O outputs; inputs
O outputs; outputs
O inputs; inputs
Question 3
into
?
Which of the following correctly describes the following production function?
Y = f(L|K,A)
O Output is a function of the variable input, labor, holding capital and land fixed
O Output is a function of the variable inputs, capital and land, holding labor fixed
O Output is a function of management
O Ceterus paribus, output changes when capital changes
Transcribed Image Text:D Question 1 In which time period are all inputs fixed? O The immediate run O The short run ○ The long run O The post-world war II era Question 2 The production function maps, O inputs; outputs O outputs; inputs O outputs; outputs O inputs; inputs Question 3 into ? Which of the following correctly describes the following production function? Y = f(L|K,A) O Output is a function of the variable input, labor, holding capital and land fixed O Output is a function of the variable inputs, capital and land, holding labor fixed O Output is a function of management O Ceterus paribus, output changes when capital changes
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