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Author Question: The per-worker production function is ____ sloped and ____ at a(n) ____ rate. a. negatively; ... (Read 111 times)

Wadzanai

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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.



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ky860224

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Answer to Question 1

d

Answer to Question 2

c




Wadzanai

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


parker125

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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