Economics · Business Economics
Which one of the following production functions represents a long-run production function where all inputs are variable?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Q = a + bL
- 2Q = a + bL + cL2 - dL3
- 3Q = AKαLβ✓
- 4Q = a + bL - cL2
Correct answer
Q = AKαLβ
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Business Economics MCQs →Want more practice questions on Business Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Business Economics