The production function for Country A exhibits constant returns to scale. Suppose that physical capital per worker, human capital per worker, and natural resources per worker all triple. At the same time, Country A's technological knowledge doubles. Productivity A. does not change. B. is now two times larger. C. is now three times larger. D. is now six ties larger
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The production function for Country A exhibits constant returns to scale. Suppose that physical capital per worker, human capital per ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Businesses have no control over this environment
Answers (1)
The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,450,000, $150,000 in the common stock account, and $2,750,000 in the additional paid-in surplus account.
Answers (1)
Year round Retreats had the following balances at December 31, 2018 , before the year-end adjustments: Accounts Receivable Allowance for Bad Debts 74,000 1,535 The aging of accounts receivable yields the following dа
Answers (1)
If you purchased a camera in Britain for 100 pounds what would be the price in U. S. dollars if one pound is worth 1.40? A:71 B:100 C:140 D:1400
Answers (1)
Airflow Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site on which to build a new production facility.
Answers (1)
New Questions in Business
A small number of institutional investors are often able and motivated to bring direct shareholder pressure on a firm's management in an effort to reduce potential agency conflicts. a. True b. False:
Answers (1)
True or false: increasing the confidence level will lead to a wider margin of error.
Answers (1)
Both Bond Sam and Bond Dave have 6 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has four years to maturity, whereas Bond Dave has 19 years to maturity. a.
Answers (1)
What role have public speeches served in ancient societies?
Answers (2)
What is the total annual value of goods and services produced in a country called? A. Gross Domestic Product B. Gross National Product C. Personal Disposable Income D. Gross National Income
Answers (1)