This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the capital stock remains fixed while the supply of labor increases, it is likely that (Read 70 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Apr 19, 2019

Question 1

The aggregate production function is 
Y = 3
KL. If there are 30 units of capital and 40 units of labor, aggregate output is


◦ 3,600 units.
◦ 2,500 units.
◦ 2,100 units.
◦ 400 units.

Question 2

If the capital stock remains fixed while the supply of labor increases, it is likely that


◦ the productivity of labor will rise.
◦ the productivity of labor will fall.
◦ the productivity of labor will not change.
◦ output per capita will rise.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tth on Apr 19, 2019

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


tth

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Apr 19, 2019
Thanks


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

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?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

A fixed action pattern elicited by a sign stimulus. A fixed action pattern elicited by a sign stimulus.
Spirituality increases with age, but there are different patterns for the two genders. Both genders ... Spirituality increases with age, but there are different patterns for the two genders. Both genders ...
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library