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

Author Question: The per-worker production function is ____ sloped and ____ at a(n) ____ rate. a. negatively; ... (Read 109 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

d

Answer to Question 2

c




Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
:D TYSM


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

For a complete list of videos, visit our video library