Capital and labor are distinct from productivity in that ________
A) productivity is independent of technology changes
B) productivity can only increase over time
C) productivity is subject to diminishing returns
D) capital and labor are subject to diminishing marginal returns
D
Economics
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Suzie Homemaker works in her home as a full-time caretaker and homemaker. Officially, she is: a. employed
b. unemployed. c. not in the labor force. d. a discouraged worker.
Economics
Which of the following market structures results in a deadweight loss in the long run?
a. Perfect competition and monopolistic competition b. Monopolistic competition and monopoly c. Perfect competition and monopoly d. All of these market structures lead to a deadweight loss in the long run
Economics