To get increasing returns to scale using the production function , we need to replace total factor productivity with:
A) more capital
B) the flow of ideas, At
C) the stock of ideas, At
D) the number 2
E) twice the factor productivity,
Correct Answer:
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Q2: According the text, there are approximately
Q3: With the production function
Q4: Which of the following is a nonrival
Q5: In economics, a nonrival good is one
Q6: If Y is a good's output,
Q6: Increasing returns to scale is characterized by:
A)
Q8: The production function
Q10: Which of the following is an example
Q14: Which of the following is a nonrival
Q18: If there are large fixed or research
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