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

Author Question: What is production technology? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 54 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
What is production technology?
 
  What will be an ideal response?

Question 2

Refer to Table 8-5. The value of each automobile in gross domestic product equals
 
  A) 7,000. B) 15,000. C) 18,000. D) 25,000.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Production technology is the quantitative relationship between inputs and outputs. This relationship can be expressed using a production function.

Answer to Question 2

D




Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Wow, this really help


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library