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    If a Production Function Is Represented as Q = L<sup>a</sup>K<sup>b</sup>,the
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If a Production Function Is Represented as Q = LaKb,the

Question 80

Question 80

Multiple Choice

If a production function is represented as q = LaKb,the long-run average cost curve will be horizontal as long as


A) a + b = 0.
B) a + b = 1.
C) q > 0.
D) L = K.

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