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The CES production function shows:

A. Decreasing return to scale

B. Increasing return to scale

C. Constant return to scale

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Supply curves are most elastic:
  2. Under conditions of perfect competition, price in the long-run is equal to:
  3. Each firm in cournot model can:
  4. Price discrimination occurs when:
  5. The firms in non-cooperative games:
  6. The fixed cost of a firm:
  7. Cross-elasticity of demand is measured as:
  8. Supply and demand changes have their most rapid impact in:
  9. Demand is elastic when the coefficient of elasticity is:
  10. Repetition of a game (Repeated Game):
  11. The total utility is gained by consuming:
  12. According to M.Kalecki, the true measure of the degree of monopoly power is the:
  13. By reducing the prices of its products below those of its competitors, a perfectly competitive seller:
  14. The general markets results from the imposition of price ceilings has been:
  15. The concept of product differentiation was firstly introduced by:
  16. We can find total utility by:
  17. Using total revenue and total cost, a profit maximizing firm will be equilibrium at a point:
  18. If production increases under increasing returns to scale, the cost will:
  19. The Hicksian demand curve includes:
  20. The pay-off matrix shows:
  21. In the short-run, the competitive firm can maximize its profits (or minimize its losses) by:
  22. The firm in cournot model:
  23. The isoquant which are generated by CES (constant elasticity of substitution) production function are…
  24. Which is not an essential feature of a socialist economy?
  25. The combination of labor and capital where the cost of a given output is minimized is known as:
  26. Which of the following is not characteristic of perfect competition?
  27. Marshalls definition of economics was strongly criticised by:
  28. The cournot model is a model of:
  29. Ordinal approach includes arranging:
  30. The Strategy of Economic Development is the work of: