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MMLU-Pro / 7648 / With capital fixed at one unit with 1, 2, 3 units of labor added in equal…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

With capital fixed at one unit with 1, 2, 3 units of labor added in equal successive units, production of the output increases from 300 (1 unit of labor), to 350 (2 units of labor) to 375 (3 units of labor). Which of the following is a correct interpretation?

category

economics

options

  1. This is long run constant returns to scale.
  2. This is short run decreasing returns to scale.
  3. This is long run increasing returns to scale.
  4. This is long run decreasing returns to scale.
  5. This is short run increasing returns to scale.
  6. This is long run diminishing marginal productivity.
  7. This is the effect of labor saturation.
  8. This is due to labor specialization efficiency.
  9. This is short run diminishing marginal productivity.
  10. This is short run constant returns to scale.

src

ori_mmlu-high_school_microeconomics

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Source and history

upstream_id / Original problem ID
7648
task_id
e57204bc-31f4-5143-af45-e8e5f4b3837c
task_key
default--test--7648
task_revision_id
1
config / split
default / test

Official source

initial import