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Other Fields Homework Help Economics Topic started by: johnpaul92 on Jan 30, 2016



Title: Suppose the current level of output is 5000 and the elasticity of output with respect to capital is
Post by: johnpaul92 on Jan 30, 2016
Suppose the current level of output is 5000 and the elasticity of output with respect to capital is 0.4. A 10% increase in capital would increase the current level of output to
A) 5500.
B) 5200.
C) 5050.
D) 5020.


Title: Re: Suppose the current level of output is 5000 and the elasticity of output with respect to capital
Post by: supaman on Feb 4, 2016
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Title: Re: Suppose the current level of output is 5000 and the elasticity of output with respect to capital is
Post by: johnpaul92 on Feb 13, 2016
Appreciate your help, thank you again