Technological progress occurs when the economy gets more output:
A. without any more capital or labor.
B. by using more capital per worker.
C. by using more capital but not more workers.
D. by using more labor but not more capital.
Answer: A
Economics
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A reason there are divisional conflicts over the transfer price
a. the manager of the upstream division gets rewarded for a transfer price that is too high b. the manager of the downstream division gets rewarded for a transfer price that is too low c. the corporate headquarters does not have enough information to determine the correct transfer price d. all of the above
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