Which of the following would cause a firm's production function to shift upward?
A. Increased training for the firm's workers.
B. An increase in factor costs.
C. An increase in production by the firm.
D. Hiring more workers.
Answer: A
Economics
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What will be an ideal response?
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The term "labor" for an economist includes
A) all skilled workers, but not the unskilled workers. B) all productive contributions of humankind. C) only the value of the work done by scientists. D) all employees who have high school diplomas.
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