We can express the per-worker production function as a function of only per-worker capital thanks to

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We can express the per-worker production function as a function of only per-worker capital thanks to

We can express the per-worker production function as a function of only per-worker capital thanks to
A) the constant returns to scale.
B) the decreasing marginal return of capital.
C) the decreasing marginal return of labor.
D) the impatience of households.

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Macroeconomics

Edition: 5^th

Author: Williamson

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Gordis

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Ao9 Author

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8 years ago

You're sharp, thanks!

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Gordis

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8 years ago

Please mark it solved once you get a chance.

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