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Llanis Llanis
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6 years ago
Suppose the production function for a certain device is q = L + K. If neutral technical change has occurred, which of the following could be the new production function?
A) q = L + 5K
B) q = 5 * (L + K)
C) q = 5L + K
D) All of the above are possible.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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#1
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6 years ago
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Llanis Author
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6 years ago
Brilliant ツ
Jose^2
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Yesterday
Helped a lot
Ivansitospeed@g
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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