The production function y = f(k) means:
a) labor is not a factor of production.
b) outp...
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Business, 18.01.2020 00:31, carastudies1686
The production function y = f(k) means:
a) labor is not a factor of production.
b) output per worker is a function of labor productivity.
c) output per worker is a function of capital per worker.
d) the production function exhibits increasing returns to scale
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Answers: 2
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