In conceptual production functions, technological change is
A)treated like an addition to the capital stock.
B)treated as a movement upward along a given production function.
C)a factor that eliminates diminishing returns to a production function.
D)not considered and is therefore assumed to be constant in all deliberations.

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The Answer of In conceptual production functions, technological change is
A)treated like an addition to the capital stock.
B)treated as a movement upward along a given production function.
C)a factor that eliminates diminishing returns to a production function.
D)not considered and is therefore assumed to be constant in all deliberations.

In Conceptual Production Functions, Technological Change Is