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johnpaul92 johnpaul92
wrote...
Posts: 2600
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8 years ago
The elasticity of output with respect to capital
A) is the inverse of the elasticity of output with respect to labor.
B) is always greater than one.
C) is the increase in output resulting from an increase in the capital stock.
D) is the percentage increase in output resulting from a 1 % increase in the capital stock.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Glad to be part of your success Wink Face
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