Assuming constant returns to scale, the equation, Y = A(t)F(K,N) ...

[elizabeth18]

Assuming constant returns to scale, the equation, Y = A(t)F(K,N) can be rewritten as
 
  a. Y/N = A(t)(K/N).
  b. q = A(t)(k).
  c. Y/N = A(t)(K  N).
  d. Both a and b
  e. Both b and c

Question 2

What did automobiles and government subsidized highways increase the net benefits of?
 
  (a) Investing privately in highway development
  (b) Rapid expansion of new cities and towns and revitalization
  in old cities and towns
  (c) Development of suburban and exurban areas
  (d) All of the above

[b614102004]

Answer to Question 1

D

Answer to Question 2

(c)

[elizabeth18]

Gracias!

[ttt030911]

Excellent