-Consider the two production functions in Figure 4.6,representing two countries.Which of the following is not true?
i.At points a and b,each country has the same per capita capital stock but different factor productivity.
ii.Points a and c represent different countries but with the same factor productivity.
iii.Points b and d represent the same country but with different stock of per capita capital.
A)ii only
B)i only
C)iii only
D)i and ii
E)i and iii

Question

-Consider the two production functions in Figure 4.6,representing two countries.Which of the following is not true?
i.At points a and b,each country has the same per capita capital stock but different factor productivity.
ii.Points a and c represent different countries but with the same factor productivity.
iii.Points b and d represent the same country but with different stock of per capita capital.
A)ii only 
B)i only 
C)iii only 
D)i and ii 
E)i and iii

Quizplus · Accepted Answer

Points a and c represent different countries with different factor productivity.

-Consider the Two Production Functions in Figure 4