« previous next »

Author Question: Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises ... (Read 91 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
How to use right endpoints to find an expression showing the area of a function How to use right endpoints to find an expression showing the area of a function
How to sketch a cubic function using transformations How to sketch a cubic function using transformations
How B Vitamins Function as Coenzymes (d) How B Vitamins Function as Coenzymes (d)
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Video: Plant Defense Mechanisms from Pathogens

For a complete list of videos, visit our video library