Which of the following statements is falsea included in the, Ask an Expert

Economics

Which of the following statements is FALSE?

A) Included in the firm's short-run production function are both fixed and variable inputs.

B) An efficient firm can obtain more output than the production function shows.

C) The production function shows the technical relationship between a firm's inputs and outputs.

D) The production function presents the technically efficient methods of combining inputs to produce output.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91829207

Have any Question?Write your Review or question?

Related Questions in Business Economics

How does the monopolies make production and pricing

How does the Monopolies Make Production and Pricing Decisions in Economics?

Assume that your fathers business has a total market value

Assume that your fathers business has a total market value of $300.4 billion and a marginal tax rate of 35%. If it permanently changes its leverage from no debt by taking on new debt in the amount of 13% of its current m ...

Overall we see that within the realm of trade

Overall we see that within the realm of trade liberalization we see the reduction and/or removal of restrictions of barriers, such as tariffs, on the free exchange of goods between nations. The results of such actions is ...

Is the following an example of a binomial experimentat a

Is the following an example of a binomial experiment? At a campus activities board event, an entertainer gives tickets with sequential numbers to every attendee (i.e. 1, 2, 3, 4, 5... n). Throughout the event, the entert ...

Briefly explain the meaning of the t-test for regression

Briefly explain the meaning of the t-test for regression analysis. How can the "rule of two" be used to evaluate t-ratios?

If a new technology in the us shale oil extraction could

If a new technology in the U.S. shale oil extraction could produce crude oil even more efficiently; at the same time, the U.S. federal government decided to subsidize people for electric car purchase, what would you expe ...

Truefalse1six sigma is a term used to indicate that there

True/False 1)Six Sigma is a term used to indicate that there are 6 standard deviation both Below and above the process mean to the upper and lower specification limits. 2) Six Sigma is a philosophy that strives to increa ...

What exactly does the z score explain about the data set

What exactly does the z score explain about the data set? Does it matter if the z score is positive or negative?

What is monetary approach in neoclassical economic theory

What is monetary approach in Neoclassical Economic Theory? How is poverty defined under the monetary approach? What are the two main reasons that cause poverty under Neoclassical Economic Theory? Briefly describe each on ...

In what kind of economy is a central planning board or

In what kind of economy is a central planning board or commission typically used to answer the basic economic questions?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert