#953036

#953036: A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the

A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the
Варианты ответа:
  • Real interest rate
  • Productivity relation
  • Production function
  • Marginal product

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Тематика: Национальная экономика Основные макроэкономические показатели Рынки факторов производства. Распределение доходов
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In the production function Y = AF(K, N), A is …, K is …, and N is … In the production function Y = AF(K, N), total factor productivity is Suppose the economy's production function is Y = AK^0.3N0.7. If K = 2000, N = 100, and A = 1, then Y = 246. If K and N both rise by 20%, and A is unchanged, by how much does Y increase? Suppose the economy's production function is Y = AK^0.3N0.7. If K = 2000, N = 100, and A = 1, then Y = 246. If K rises by 10%, and A and N are unchanged, by how much does Y increase? The main reason that the United States has such a high standard of living is