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Loraine Loraine
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Posts: 4563
9 years ago
According to the production function, as the quantity of labor employed increases, real GDP increases
A) at an increasing rate.
B) at a decreasing rate.
C) at a constant rate.
D) and then eventually decreases.
E) until it reaches potential GDP, and then it no longer changes.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 177 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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Posts: 5641
9 years ago
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8 years ago
It was nothing, thanks for updating us.
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