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ejones3535 ejones3535
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5 years ago
The figure above shows the U.S. production function. How would an increase in capital be shown in the figure?
A) an upward shift or rotation of the production function
B) a downward shift or rotation of the production function
C) a movement from point A to point B
D) a movement from point C to point B
E) None of the above because the effects of an increase in capital cannot be shown in the figure.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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nadiianadiia
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5 years ago
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ejones3535 Author
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#2
5 years ago
Thank you for helping me with my quiz
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#3
5 years ago
Perfect
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