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Author Question: Long-run cost functions are estimated using A) time-series regression analysis. B) ... (Read 71 times)

Medesa

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on: Jul 1, 2018
Long-run cost functions are estimated using
 
  A) time-series regression analysis.
  B) cross-sectional regression analysis.
  C) cost accounting data.
  D) None of the above

Question 2

Changing how production is organized cannot result in changes in productivity.
 
  Indicate whether the statement is true or false


Toya9913

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

False. Henry Ford assembly line is an example of how changes in the organization of production increased productivity.


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