ECO121_-_FA_2023_-_RE_1160.webp
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ECO121_-_FA_2023_-_RE_1160.webp

(Choose 1 answer)
(17847)Scenario 25-1.
An economy's production form takes the form Y = AF(L, K, H, N)
Refer to Scenario 25-1. If the production function has the constant-returns-to-scale property, and output is zero whenever some input is zero, then it is possible that the specific form of the production function is
A. Y = 4L + 2K + 3H + N
B. Y = (L+K+ H + N)/4
C. Y =2(LKHN)^0.25
D. Y = 4(L^3x K^4 × H × N)^0.5
wi

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