Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises ...

Author Question: Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises ... (Read 92 times)

Coya19@aol.com

Hero Member
Posts: 601

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

Sr. Member
Posts: 343

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

A

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