Multiple Choice
Technological changes that increase productivity shift the
A) Production function downward.
B) Average total cost curve downward.
C) Marginal cost curve upward.
D) Marginal physical product curve downward.
Correct Answer:

Verified
Correct Answer:
Verified
Q87: In the short run,when a firm produces
Q88: Better management shifts the production function downward
Q89: Table 21.4 <span class="ql-formula" data-value="\begin{array}{|c|r|}\hline
Q90: Refer to Table 21.3 below: Table
Q91: Table 21.1 <span class="ql-formula" data-value="\begin{array}
Q93: The most desirable rate of output for
Q94: Refer to Figure 21.5.Economies of scale occur
Q95: Table 21.1 <span class="ql-formula" data-value="\begin{array}
Q96: More education and better technology contribute to
Q97: The productivity of any input is independent