In sub-Saharan Africa, the choice of labor over machines is due to:
A) low income levels
B) relative prices
C) lack of technical knowledge
D) political factors beyond the ability of farmers to change
Correct Answer:
Verified
Q18: Which equation best represents an isoquant?
A) Y
Q19: In the graph of an isoquant, there
Q20: An isoquant is:
A) all combinations of two
Q21: An isoquant demonstrates that:
A) a large number
Q22: Research at agricultural Universities results in:
A) more
Q24: Coke and Pepsi will purchase sucrose or
Q25: Computers and computer operators are:
A) substitutes in
Q26: A typical isoquant is:
A) convex to the
Q27: An isoquant shape is derived from:
A) the
Q28: The slope of the isoquant is:
A) the
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