M1 is larger than M2

Indicate whether the statement is true or false

FALSE

Economics

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Four advisory councils

What will be an ideal response?

Economics

Assuming constant returns to scale, the equation, Y = A(t)F(K,N) can be rewritten as

a. Y/N = A(t)ƒ(K/N). b. q = A(t)ƒ(k). c. Y/N = A(t)ƒ(K ? N). d. Both a and b e. Both b and c

Economics