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 178 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

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

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?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr Acromegaly. Acromegaly is a metabolic disorder in which excessive amounts of growth hormone are secr
Economic Differentiation in China Economic Differentiation in China
Population Growth Population Growth
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
This table shows the growth of a crowd at a rally over a 3 h period. This table shows the growth of a crowd at a rally over a 3 h period.
economic question economic question
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library