Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Roar Roar
wrote...
Go to Answer
Posts: 986
Rep: 0 0
6 years ago
In the following production function, Y = f(K, NA), suppose A increases by 20%. This 20% increase in A implies that
A) the same output can be produced with 20% less labor.
B) the effective quantity of labor has increased by 20%.
C) output will increase by less than 20%.
D) all of the above
E) both A and C.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 38 times
2 Replies
Replies
Answer verified by a subject expert
vonCOLLINZOvonCOLLINZO
wrote...
#1
Top Poster
Posts: 638
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Roar Author
wrote...
#2
5 years ago
You are the king! Thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1311 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 333
  
 363
  
 276
Your Opinion
Previous poll results: Should Ph.D.'s be addressed as doctors?