Explain the role of the Modern Methodology in the Big Push Model:
(a) no output can be produced unless a minimum of F workers are hired (fixed cost you need to pay);
(b) the total demand for workers is Lm = F + cQ where c<1. Q is output.
(c) production function: Qm = (Lm - F) / c for Lm >F and 0 if Lm <F.
(d) MPL is >1
(e) All are true.
Answer: E