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Author Question: Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises ... (Read 48 times)

Coya19@aol.com

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on: Jun 29, 2018
Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises capital per hour worked from 35,000 to 40,000, by how much will real GDP per hour worked increase?
 
  A) 150 B) 1,850 C) 2,000 D) 5,000

Question 2

The wage rate is the opportunity cost of
 
  A) leisure. B) consumption.
  C) working overtime. D) working.


mjbamaung

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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