This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Growth in total factor productivity equals the _____. a. sum of resource growth and economic growth ... (Read 228 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Growth in total factor productivity equals the _____.
 a. sum of resource growth and economic growth
  b. ratio of total output to total input
  c. ratio of total input to total output
  d. percentage change in per capita real GDP
  e. percentage change in output minus the percentage change in resources

Question 2

If a price decrease leads to an increase in total revenue, demand must be:
 a. perfectly inelastic.
  b. relatively inelastic.
  c. relatively elastic.
 d. unit elastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


bclement10

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Wow, this really help

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Excellent

« previous next »
 

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.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
The cranium of a young infant changes dramatically in shape with age. Initially the child has severa The cranium of a young infant changes dramatically in shape with age. Initially the child has severa
Purple growth on mussels Purple growth on mussels
Relationship between Resource Use and Growth Relationship between Resource Use and Growth
economic question economic question
economic question economic question
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library