In the production function , which symbol reflects the state of technology?
A) A
B) K
C) H
D) N

Question

In the production function  , which symbol reflects the state of technology?
A) A 
B) K 
C) H 
D) N

Quizplus · Accepted Answer

The symbol A in the production function reflects the state of technology, which represents the level of knowledge, skills, and techniques used to transform inputs (K, H, N) into output (Y). Therefore, A is the best choice for this question as it indicates the technological progress and innovation that could lead to higher output levels.

In the Production Function , Which Symbol Reflects the State