In the production function Y = AF(K, N), A is ________, K is ________, and N is ________

A) total factor productivity; the capital stock; the number of workers employed
B) total factor productivity; investment; the number of workers employed
C) the productivity of labor; the capital stock; the size of the labor force
D) the productivity of labor; investment; the size of the labor force

A

Economics

You might also like to view...

Name the three types of unemployment

What will be an ideal response?

Economics

Refer to Figure 3-1. A decrease in the price of a complementary good would be represented by a movement from

A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.

Economics