In the short-run production function, the following variables ...

[sheilaspns]

In the short-run production function, the following variables must be endogenous:
 
  a. technology.
  b. labor input.
  c. capital input.
  d. b and c.
  e. none of the above.

Question 2

Possible sources of an upward bias in the CPI include the
 
  a. quantity adjustment bias.
  b. substitution bias.
  c. new products bias.
  d. Both b and c
  e. All of the above

[momtoalll]

Answer to Question 1

B

Answer to Question 2

D

[sheilaspns]

Thanks for the timely response, appreciate it

[olderstudent]

Gracias!