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Author Question: In neoclassical growth theory, technological change ________. A) occurs by chance B) is ... (Read 98 times)

meagbuch

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on: Jun 29, 2018
In neoclassical growth theory, technological change ________.
 
  A) occurs by chance
  B) is influenced by population growth
  C) is influenced by the rate of economic growth
  D) occurs at a steady rate

Question 2

If the marginal cost of an activity exceeds the marginal benefit, then
 
  A) the activity will occur because the high marginal cost means it must be highly valued.
  B) the forgone alternatives' costs must be increased.
  C) an alternative action will be selected.
  D) the person must concentrate on the activity's total benefits.


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marict

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

A

Answer to Question 2

C


meagbuch

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Reply #2 on: Jun 29, 2018
Thank you :)


marict

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Reply #3 on: Jun 29, 2018
Happy to help you


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