In general, the higher the capital-to-labor ratio:
A) the higher the wages.
B) the lower the wages.
C) the lower the productivity.
D) the lower the rate of investment.
Correct Answer:
Verified
Q79: If technology is held constant, an increase
Q80: Which of the following increases productivity?
A) increased
Q81: Which of the following would be an
Q82: Which of the following would have the
Q83: Which of the following would promote long-run
Q85: Given the form of a typical production
Q86: According to the production function, which of
Q87: Developed nations tend to have:
A) limited labor
Q88: Which of the following is NOT a
Q89: Which situation indicates that total output in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents