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Author Question: If the capital stock remains fixed while the supply of labor increases, it is likely that (Read 91 times)

tth

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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
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Marked as best answer by tth on Apr 19, 2019

voltaire123

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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.
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tth

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Reply #2 on: Apr 19, 2019
Thanks


voltaire123

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Reply #3 on: Apr 19, 2019
Welcome :)


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