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The Table Below Shows Various Values of Labour (L),capital (K),and

Question 129

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The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T × The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T ×     TABLE 25-4 Refer to Table 25-4.Diminishing marginal returns to labour is most evident in the data shown for A) Economy A. B) Economy B. C) Economy C. D) Economies B and C,but not A. The table below shows various values of labour (L) ,capital (K) ,and technology (T) for Economies A,B,and C.In each case,the aggregate production function takes the following form: Y = T ×     TABLE 25-4 Refer to Table 25-4.Diminishing marginal returns to labour is most evident in the data shown for A) Economy A. B) Economy B. C) Economy C. D) Economies B and C,but not A. TABLE 25-4 Refer to Table 25-4.Diminishing marginal returns to labour is most evident in the data shown for


A) Economy A.
B) Economy B.
C) Economy C.
D) Economies B and C,but not A.

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