This topic contains a solution. Click here to go to the answer

Author Question: The per-worker production function is ____ sloped and ____ at a(n) ____ rate. a. negatively; ... (Read 95 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
The per-worker production function is ____ sloped and ____ at a(n) ____ rate.
 a. negatively; decreases; diminishing
  b. negatively; decreases; increasing
 c. positively; increases; increasing
 d. positively; increases; diminishing

Question 2

Given a production possibilities curve for defense goods and non-defense goods, which of the following is not true?
 a. A production point outside the curve may be attained if new resources are discovered.
  b. A production point outside the curve may be attained by acquiring a new technology.
  c. A production point outside the curve may be attained by shifting resources to defense goods.
  d. A production point outside the curve may be attained by acquiring both a new technology and greater resources.
  e. A production point outside the curve cannot be attained with the current level of resources and technology.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

d

Answer to Question 2

c




Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library