-Consider the three production functions in Figure 4.5.Each represents a different country.For any given per capita stock of physical capital,Country __________ has the highest total factor productivity.
A)A
B)B
C)C
D)Not enough information is given.
E)none of the above

Question

-Consider the three production functions in Figure 4.5.Each represents a different country.For any given per capita stock of physical capital,Country __________ has the highest total factor productivity.
A)A 
B)B 
C)C 
D)Not enough information is given. 
E)none of the above

Quizplus · Accepted Answer

Country A has the highest total factor productivity because its production function is the highest for any given per capita stock of physical capital.

-Consider the Three Production Functions in Figure 4