Multiple Choice
An increase in total factor productivity
A) changes neither the slope nor the position of the production function.
B) changes the slope but not the position of the production function.
C) changes the position but not the slope of the production function.
D) changes both the slope and the position of the production function.
E) keeps the marginal product of labour constant.
Correct Answer:

Verified
Correct Answer:
Verified
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