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CerebralDatabank CerebralDatabank
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3 years ago
If production function q1 = f(L, K), which of the following production functions illustrates neutral technical progress?

▸ q2 = f(1.25L, 1.25K)

▸ q2 = f(1.25L, K)

▸ q2 = f(L, 1.25K)

▸ q2 = 1.25 ∗ f(L, K)
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Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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dhelgesodhelgeso
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3 years ago
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CerebralDatabank Author
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3 years ago
Thank you, thank you, thank you!
2ne1_12345
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Yesterday
You make an excellent tutor!
djeghri
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2 hours ago
Thanks for your help!!
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