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traggthuyy@gmai traggthuyy@gmai
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5 years ago
In a small Asian country, it is estimated that changing the level of capital from $8 million to $12 million will increase real GDP from $5 million to $6 million.  If the number of hours worked in the labor force does not change, what does this information tell you about the slope of the per-worker production function in this range?
A) The slope is -4.
B) The slope is 1/4.
C) The slope is 4.
D) The slope is 8.
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InMacro

InMacro


Edition: 1st
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5 years ago
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